Sorry, but this makes no sense. First, it was a de-SPAC combination so only two investors putting fresh money in and, it seems, all the SPAC IPO investors dumpi

Sorry, but this makes no sense. First, it was a de-SPAC combination so only two investors putting fresh money in and, it seems, all the SPAC IPO investors dumping ad quickly as possible. Second, index fund buying would be a positive so not sure why that is mentioned here. SPACs were not of interest for 20 years, anyone still contemplating has likely been turned down by everyone else.