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You’re comparing a publicly traded company where the supply demand economics have established a price to a company whose financials are not public, and is valui
by darth_avocado 6mo ago
You’re comparing a publicly traded company where the supply demand economics have established a price to a company whose financials are not public, and is valuing itself at $1.7T and forcing everyone’s 401Ks and pension funds to fund it. Not the same thing.
- lotsofpulp 6mo ago>forcing everyone’s 401Ks and pension funds to fund it. Source?
- darth_avocado 6mo agohttps://theconversation.com/musks-spacex-is-shaping-up-as-the-biggest-ipo-on-record-its-also-bending-the-rules-to-do-so-280271 https://theconversation.com/musks-spacex-is-shaping-up-as-th...
- lotsofpulp 6mo agoThe source links in that website (which looks like clickbait) do not support your claim. https://www.morningstar.com/funds/spacex-ipo-how-index-funds-will-adapt https://www.morningstar.com/funds/spacex-ipo-how-index-funds... > S&P is reportedly considering a fast entry rule change to its flagship index, though it has not yet been approved, and details are scant. > FTSE Russell is also considering a fast entry rule for its suite of US market indexes and is in a consultation period as of early April 2026. Only Nasdaq 100 has changed its rules, but Nasdaq 100 is not (and should not be) in most retirement funds.
- darth_avocado 6mo agoIf 1/3 having changed rules and 2/3 considering changing the rules isn’t evidence enough then not really much to discuss here.