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Now with this incredible deal, SpaceX is now GAAP profitable under the existing rules, and they get to join the index next year without a rule change. Didn't t
by cperciva 4mo ago
Now with this incredible deal, SpaceX is now GAAP profitable under the existing rules, and they get to join the index next year without a rule change.
Didn't they also run up against a "minimum free float" rule?
- AustinDev 4mo agoThe company has been around since 2002, I'm sure plenty of insiders will cash out in the next calendar year to satisfy the minimum free float rule by the time they're eligible.
- cperciva 4mo agoTrue. The amount of free float increasing dramatically will probably also depress the share price.