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This feels like massive news that general public won’t ever hear.

• tootie 4mo ago
  Basically nothing happened though. SpaceX asked them to change rules and they said no.
  • zeafoamrun 4mo ago
    Everyone was certain they would. Multiple people I know were rebalancing their portfolios way from the big index funds
    • chasd00 4mo ago
      > Multiple people I know were rebalancing their portfolios way from the big index funds Hypothetically, let's say the SpaceX IPO is a wild success. Will those people be disappointed on missing out in the returns? In other words, did they rebalance away because of financial numbers they didn't believe in or did they rebalance away because of emotional or philosophical reactions to the company? If they just don't like the company (likely company leadership) then i would guess they don't care how much return they miss out on, they want nothing to do with SpaceX period. I made a long drawn out comment up thread but i feel like a lot of this drama is due to an emotional response to SpaceX because of Musk, and the possibility of him becoming the first trillionaire, and Anthropic/OpenAI because of AI's risk to labor.
      • zeafoamrun 4mo ago
        No, it's definitely financial. Something along the lines of SpaceX's valuation only making sense if it replaces the entire productivity of white collar workforce of the entire USA with its AI ventures. If it ends up reaching escape velocity anyway, sure they would be disappointed, who isn't at least a little when they miss some opportunity.