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Yes, when SpaceX gets added to the index, it's going to skyrocket for just that reason. The other reason why SpaceX stock is going to skyrocket is because of
by bryanlarsen 8mo ago
Yes, when SpaceX gets added to the index, it's going to skyrocket for just that reason. The other reason why SpaceX stock is going to skyrocket is because of the "infinite potential". After all, Elon is going to be God-Emperor of Mars, and how much is a piece of that worth?
The OP knows this and wants a window to profit from this squeeze. For the general public index owners, the sooner it's added to the index the better, minimizing the time that traders can front run this squeeze ahead of them.
Perhaps better it's not added to the indices at all, but as long as it's inevitable, the sooner the better.
- wredcoll 8mo agoBeing added to the index is literally the only thing causing "the squeeze" according to this description though so how does that benefit either the author or the index holder? If the stock was added to the index at a normal period then all the shares would be available.
- bryanlarsen 8mo agoThe author wants to buy ahead of the indexes and benefit from the squeeze; he wants the normal rules of waiting a year before SpaceX is eligible to join the indexes to apply.
- cyanydeez 8mo agothis is news.ycombinator.com Do you think there's some super dominos that happens? If he's trying some combo pump-dump scheme, there's much better places. Also, you provide zero counter to the punch, so what is your word worth any more?
- bryanlarsen 8mo agoIt's substack, not ycombinator. The article is obviously not targeted at ycombinator. And I don't think he's doing a pump and dump. He's just doing the very human act about ranting about things that affect him. His self-interest colors the piece.
- infinitewars 8mo agoSpaceX has always been a about convincing private industry to fund the militarization of space. See https://en.wikipedia.org/wiki/Golden_Dome_(missile_defense_system) https://en.wikipedia.org/wiki/Golden_Dome_(missile_defense_s... Mars is a thin cover story to get the engineers to feed the War machine. "National security" / nuclear threat is a great excuse to get politicians to sell out the country. How about we focus on global security?
- bryanlarsen 8mo agoI thought it was obvious that "God Emporeror of Mars" was a satirical answer. There are a whole bunch of new markets that cheap access to space open up. Like Bezos' dream of in-space manufacturing. Or Musk's dream of data centres in space. Or power gen in space. Or the "cis-lunar economy". Or space tourism. Or He3 on the moon. People will buy SpaceX stock for the potential, even if that potential is pretty much worthless and the chance of SpaceX capturing the gains rather than some other company is fairly low. "National Security" is just one more in a big list.
- infinitewars 8mo agoNo, those other "dreams" were either developed or refined by, https://en.wikipedia.org/wiki/Citizens%27_Advisory_Council_on_National_Space_Policy https://en.wikipedia.org/wiki/Citizens%27_Advisory_Council_o... as pretexts to pursue a space militarization agenda. The history is clear but the New Space propaganda is being fed to the younger generation.
- rmast 8mo agoI wouldn’t really mind seeing the SpaceX IPO flop initially. The God Emperor of Mars has quite the ego. However, I’m pretty sure the opposite will happen and the stock valuation will go past the moon to mars and beyond.
- rayiner 8mo agoThat seems like cutting off your nose to spite your face. SpaceX is more important than whatever issue you disagree with Musk about. After graduating with a degree in aerospace engineering in the aughts, I switched to software because the practical alternatives were building missiles for Raytheon or going to GE and trying to figure out how to make gas turbines 1% more efficient. SpaceX jump-started a commercial aerospace industry that was utterly moribund as recently as when Hacker News started up.
- throwaway2037 8mo agoHow will a colony on Mars be profitable?
- cyanydeez 8mo agoCome on man, either we ship the unmentionables, or the billionaires get to live with their robot love slaves. Obviously, you don't have enough imagination to keep Musk's ego based cost-proposition elvated.
- fragmede 8mo agoHow many Earth dollars would you pay to go live on Mars?
- throwaway2037 8mo agoZero. The beauty of nature on Earth far exceeds anything of that on Mars.