Forge Global says July private markets diverged: the FPMI rose 9.3%, while the cap-weighted FAPMI fell 4.2% as SpaceX’s valuation dropped 36.6%. The split highl

Forge Global says July private markets diverged: the FPMI rose 9.3%, while the cap-weighted FAPMI fell 4.2% as SpaceX’s valuation dropped 36.6%. The split highlights how heavily private market benchmarks can be swayed by a single large company.