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“At nearly two trillion dollars, it’s instantly one of the biggest things in the market, which means every index fund has to hold it.” This is nonsense. Plenty
by JumpCrisscross 5mo ago
“At nearly two trillion dollars, it’s instantly one of the biggest things in the market, which means every index fund has to hold it.”
This is nonsense. Plenty of index funds won’t be forced to hold it, including all of those tracking the S&P 500.
- jqpabc123 5mo agoWhat should have been said is every *Nasdaq* index fund. Nasdaq changed their listing rules for SpaceX. https://www.linkedin.com/pulse/nasdaq-just-changed-rules-heres-what-means-spacexs-private-chan-ahn-bhmxf https://www.linkedin.com/pulse/nasdaq-just-changed-rules-her...