4 ms·
"Lucrative" is not really the word you are looking for.
by marcosdumay 3mo ago
"Lucrative" is not really the word you are looking for.
- tavavex 3mo agoWhat do you mean? I was under the impression that including SPCX has been massively beneficial for Nasdaq. It creates lots of trading volume and sends a quiet signal to other massive tech companies looking to IPO to come to them, rules be damned. So they're definitely extremely lucrative for Nasdaq.
- gizzlon 3mo agoI the short term. Who knows what the damage to the brand will cost them.
- jordanb 3mo agoHaving the stock traded on their board is good for them. They also maintain an index. Elon made inclusion in the index a prerequisite for trading the stock on the board.
- JumpCrisscross 3mo ago> Elon made inclusion in the index a prerequisite for trading the stock on the board Source? He may have claimed this. But he has no power to. Once a stock is publicly listed, every exchange can trade it. Where Musk had influence was on to whom he paid his listing fee.
- jordanb 3mo ago"SpaceX stock is expected to be listed on the Nasdaq. To secure such a high-profile listing, While listing requirements remain unchanged, Nasdaq recently amended its index-inclusion rules to accommodate companies like SpaceX when they go public." https://www.forbes.com/sites/garthfriesen/2026/04/25/spacex-ipo-is-forcing-changes-to-index-and-underwriting-rules/ https://www.forbes.com/sites/garthfriesen/2026/04/25/spacex-... Notice a listing on the board and an inclusion in an index are two different things. Nastaq changed the index to secure the listing of SpaceX on their board.
- JumpCrisscross 3mo ago> a listing on the board and an inclusion in an index are two different things Nobody contested this. You said inclusion was “a prerequisite for trading the stock on the board.” That is incorrect.
- jordanb 3mo agoIf Nastaq hadn't agreed SpaceX would have listed on the NYSE instead.
- JumpCrisscross 3mo agoSure. That’s listing. Not trading. Big difference. New Milennium regulations don’t let listing boards or issuers say where their stock can and can’t be traded.
- marcosdumay 3mo agoIt created basically the volume of the index funds buying the required stock, and it's not yet clear what kind of signal this has sent to people. They got mostly the money SPCX paid them. It was a large payment but not out of the ordinary. And all that they risked was their index relevancy.
- lenkite 3mo agoI think he meant you should use the word "corrupt", not "lucrative".
- fhn 3mo ago"Honest"
- deleted 3mo ago[deleted]
- Terr_ 3mo agoIn this case I think it is, because they're talking about whether a particular deal with be lucrative for one particular company named Nasdaq Incorporated. Much like how Wile E. Coyote is a "safe" customer for Acme Inc, even though he purchases dangerous explosives and deploys them in reckless ways.