5 ms·

I agree, but… Plenty? Really?

flakeoil 4mo ago
Just buy the stock or buy a mutual fund which invests in IT, AI, Tech what have you. Sooner or later they will probably also be included in the general index funds.
- BlandDuck 4mo ago
  Exactly. That's what the index funds would have had to do as well.
- duttish 4mo ago
  Exactly. Once they have enough float and has had enough time for actual price discovery they'll be included in index funds like any other large cap stock.
- reactordev 4mo ago
  This. This a risk stance where they want to see the performance in 3-6 months. I have no doubt hundreds of funds will buy in but the major index needs to be sure it’s not going to drag down the entire stack with its inclusion.
prasadjoglekar 4mo ago
Yes. Plenty is correct. Fidelity let's you buy SpaceX at IPO with only $2K in the bank. And there are other reasons to be cautious. Many passive funds don't license the SP500 and instead mirror it with their own synthetic index. They are not bound to respect this decision.
- intrasight 4mo ago
  I think caution is most warranted, but I also think it's likely that SpaceX will become a real-life Weyland-Yutani Corporation (i.e. "The Company") of Alien and own space. But I'll be long dead before that plays out.
  - dbalatero 4mo ago
    > But I'll be long dead before that plays out. Given how that's played out in the movies, I'd be happy about that.
  - throw7 4mo ago
    I've always favoured Tessier-Ashpool S.A. as comparable. The creation of AI's and Freeside and Musk's pronatalism slots in nicely.
    - KPGv2 4mo ago
      Musk isn't a natalist. The global population is going up. And yet, he complains about not enough births. Because he is a white supremacist. He wants white people to outnumber other races. The current state of affairs would be satisfactory to him if he were merely a natalist.
      - groundzeros2015 4mo ago
        Source?
        KPGv2 4mo ago
        For which part? Global population increase: https://www.worldometers.info/world-population/world-population-by-year/#google_vignettea https://www.worldometers.info/world-population/world-populat... White supremacist: https://www.theguardian.com/technology/2026/feb/12/elon-musk-posts-january-white-supremacists https://www.theguardian.com/technology/2026/feb/12/elon-musk... https://www.youtube.com/watch?v=-VfYjPzj1Xw https://www.youtube.com/watch?v=-VfYjPzj1Xw https://www.ms.now/rachel-maddow-show/maddowblog/as-elon-musk-amplifies-white-supremacist-messaging-will-republicans-keep-his-money https://www.ms.now/rachel-maddow-show/maddowblog/as-elon-mus... https://www.cnn.com/2023/11/17/business/elon-musk-reveals-his-actual-truth https://www.cnn.com/2023/11/17/business/elon-musk-reveals-hi... https://religiondispatches.org/2026/01/09/musk-endorsed-white-nationalism https://religiondispatches.org/2026/01/09/musk-endorsed-whit... and so on and so forth
      - 4mo ago

Just buy the stock or buy a mutual fund which invests in IT, AI, Tech what have you. Sooner or later they will probably also be included in the general index funds.

BlandDuck 4mo ago
Exactly. That's what the index funds would have had to do as well.
duttish 4mo ago
Exactly. Once they have enough float and has had enough time for actual price discovery they'll be included in index funds like any other large cap stock.
reactordev 4mo ago
This. This a risk stance where they want to see the performance in 3-6 months. I have no doubt hundreds of funds will buy in but the major index needs to be sure it’s not going to drag down the entire stack with its inclusion.

prasadjoglekar 4mo ago

Yes. Plenty is correct. Fidelity let's you buy SpaceX at IPO with only $2K in the bank. And there are other reasons to be cautious. Many passive funds don't license the SP500 and instead mirror it with their own synthetic index. They are not bound to respect this decision.

intrasight 4mo ago
I think caution is most warranted, but I also think it's likely that SpaceX will become a real-life Weyland-Yutani Corporation (i.e. "The Company") of Alien and own space. But I'll be long dead before that plays out.
- dbalatero 4mo ago
  > But I'll be long dead before that plays out. Given how that's played out in the movies, I'd be happy about that.
- throw7 4mo ago
  I've always favoured Tessier-Ashpool S.A. as comparable. The creation of AI's and Freeside and Musk's pronatalism slots in nicely.
  - KPGv2 4mo ago
    Musk isn't a natalist. The global population is going up. And yet, he complains about not enough births. Because he is a white supremacist. He wants white people to outnumber other races. The current state of affairs would be satisfactory to him if he were merely a natalist.
    - groundzeros2015 4mo ago
      Source?
      - KPGv2 4mo ago
        For which part? Global population increase: https://www.worldometers.info/world-population/world-population-by-year/#google_vignettea https://www.worldometers.info/world-population/world-populat... White supremacist: https://www.theguardian.com/technology/2026/feb/12/elon-musk-posts-january-white-supremacists https://www.theguardian.com/technology/2026/feb/12/elon-musk... https://www.youtube.com/watch?v=-VfYjPzj1Xw https://www.youtube.com/watch?v=-VfYjPzj1Xw https://www.ms.now/rachel-maddow-show/maddowblog/as-elon-musk-amplifies-white-supremacist-messaging-will-republicans-keep-his-money https://www.ms.now/rachel-maddow-show/maddowblog/as-elon-mus... https://www.cnn.com/2023/11/17/business/elon-musk-reveals-his-actual-truth https://www.cnn.com/2023/11/17/business/elon-musk-reveals-hi... https://religiondispatches.org/2026/01/09/musk-endorsed-white-nationalism https://religiondispatches.org/2026/01/09/musk-endorsed-whit... and so on and so forth
    - 4mo ago