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They are buying their time (6 months) before being included in the S&P500s, causing another inevitable surge in forced "demand".
by mgh2 4mo ago
They are buying their time (6 months) before being included in the S&P500s, causing another inevitable surge in forced "demand".
- Ancalagon 4mo agoNit: the phrase is “biding their time” FYI I agree with your statement overall.
- lokar 4mo agoOr “buying time”
- tialaramex 4mo ago"Buying time" is an ordinary phrase in English but, it doesn't make a lot of sense here because there'd be some activity SpaceX is doing to "buy time". If you're just waiting that doesn't "buy time".
- lokar 4mo agoI think they just blended together in the posters mind
- opinion-is-bad 4mo agoIt’ll be at least a year before they are eligible to join the S&P500. They also need to become profitable.
- helsinkiandrew 4mo agoIn the next 6 months another 45%-50% of Space X stock is unlocked, increasing the amount of shares on the market ~10 fold. Although many will be long term believers who won’t sell. I can’t see how this couldn’t deflate the share price further