Australians seek mega deals on Wall Street as local market disappoints

Australians are scrambling to get a piece of the technology and artificial intelligence-related deals flooding Wall Street, as investors lose patience with the lack of high-profile deals in the local market and instead chase the tide of mega-floats hitting the United States.

Elon Musk’s SpaceX has arguably attracted the most interest, but Australian retail investors have had limited opportunities to invest directly in the company because the rocket and space data center conglomerate is privately owned.

Load…