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Elon negotiated with Nasdaq to automatically accept it in Nasdaq 100 index after 15 days, so the stock traders don't really matter.

• robocat 5mo ago
  Can you point me to a source that actually says that Elon influenced the Nasdaq? The whole thing stinks, and we can create stories since some incentives are obvious. Stock traders do matter since 30% of stock is aimed at retail (very unusual % - what is the norm?) More info here: https://www.youtube.com/watch?v=-X6YzlY_8tM https://www.youtube.com/watch?v=-X6YzlY_8tM (sorry, video)
  • fragmede 5mo ago
    > SpaceX has successfully lobbied the Nasdaq stock exchange to loosen rules governing how and when it adds companies to its Nasdaq 100 index – a group of large-cap companies that it bills as “fundamentally sound and innovative.” https://techcrunch.com/2026/05/21/how-elon-musk-will-increase-his-power-through-the-spacex-ipo/ https://techcrunch.com/2026/05/21/how-elon-musk-will-increas...
• throwaway2037 5mo ago
  I asked about this in previous HN discussions. The old rule: You had to wait three months. Is there a meaningful economic difference between waiting 15 days or ~90 days? I don't see it. (For transparency: I own ETFs that track the S&P 500, which has lots of overlap with Nasdaq 100.) To be clear: OpenAI and Anthropic will sure IPO this year or next and have a similar effect -- they will be (or nearly) trillion dollar market caps upon listing.
  • imtringued 5mo ago
    If you short the company during the first 15 days, your short will get wiped out by the passive index buying. Nobody is going to short the stock to protect passive investors. The short will happen after the bag holders entered the market.
• NetMageSCW 5mo ago
  I’m sure the going of public of the large AI companies wasn’t on Nasdaq’s mind at all.