SpaceX Investor Powerlaw to Debut on Nasdaq as IPO Race Heats Up

Powerlaw Corp., a closed-end fund with investments in Elon Musk's SpaceX and AI firm OpenAI, is set to go public on Nasdaq without raising new capital. CEO Mike Dinsdale confirmed that 20% of the company's 43.24 million outstanding shares will be available for trading, with the remainder to be released over the next six months.