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Why does SpaceX warrant a change of existing trading rules?
by fourside 4mo ago
Why does SpaceX warrant a change of existing trading rules?
- 21asdffdsa12 4mo agoBecause this time we did learn our lesson is almost 15 years ago? Its a good time to get out of the ride
- toasty228 4mo ago[flagged]
- camillomiller 4mo agoStop downvoting the only person that talks reason. We have reached a point where Musk and its tech pals must be stopped with all means possible, because government oversight, democratic processes, and the judicial process clearly do not apply to them anymore.
- toasty228 4mo agoSadly that's what happens when people have a "high" technological culture with absolutely zero political nor ethical education. They see all the cool gadgets while being completely blind to the political and social side effects
- 3form 4mo agoIt's not only a question of _ethical_ education; the magical claims should also be refuted on rational grounds. Seems that's difficult, too.
- camillomiller 4mo agoThis is a good point. It's like a strange form of selective magical thinking, or maybe it's really just a global psychosis. Tech people without a background in humanities (not academic, even just because of personal interest) are the most prone to this in my experience.
- frankacter 4mo ago>Why does SpaceX warrant a change of existing trading rules? They don't, while timing certainly benefits, and potentially was triggered by them and OpenAI and Anthropic IPOs, these rules are not specific to only apply to SpaceX. FTSE Russell (Russell 1000/2000 etc.) Adopted "fast entry" for large IPOs. Eligible companies (investable market cap above Russell Top 500 cutoff) can join after 5 trading days (previously quarterly rebalances). Also eased float rules with carve-outs. https://www.lseg.com/en/media-centre/press-releases/ftse-russell/2026/ftse-russell-introduces-ipo-fast-entry-enhancements-for-russell-us-indexes https://www.lseg.com/en/media-centre/press-releases/ftse-rus... Nasdaq (Nasdaq-100): Effective May 1, 2026, top ~40 market-cap companies can enter after 15 trading days (previously 3+ months). Adjusted low-float handling. https://spotgamma.com/spacex-ipo-index-changes-spotgamma/ https://spotgamma.com/spacex-ipo-index-changes-spotgamma/ S&P Dow Jones (S&P 500): Reducing seasoning from 12 months to 6 months for megacaps and waiving the 4-quarter GAAP profitability requirement for large issuers. https://www.wsj.com/finance/stocks/stock-indexes-are-contorting-themselves-to-include-spacex-and-openai-92136b13 https://www.wsj.com/finance/stocks/stock-indexes-are-contort...
- gwerbin 4mo agoThis is not a "why".
- lostlogin 4mo ago> >Why does SpaceX warrant a change of existing trading rules? They don't, while timing certainly benefits, and potentially was triggered by them So the question remains, why do they warrant a rule change?
- frankacter 4mo agoThe answer remains, these rules do not specifically apply to only SpaceX, they apply to a range of companies that fit specific profiles. Timing happens to favor SpaceX, but will equally favor OpenAI, Anthropic and others within the same qualifiers. The links above provide specifics as to the what's and the why.
- 4mo ago
- jjav 4mo ago> Why does SpaceX warrant a change of existing trading rules? It does not, of course, but when oligarch corruption runs supreme, it is whatever they want.
- rvba 4mo agoBecause twitter helped elect those who set the rules now.