5 ms·

> worst about the SpaceX IPO is Nasdaq changing their inclusion rules Nasdaq 100 has always been marketed as a tech-forward index. It would be a bit ridiculous

> worst about the SpaceX IPO is Nasdaq changing their inclusion rules Nasdaq 100 has always been marketed as a tech-forward index. It would be a bit ridiculous if they didn’t include the most value tech companies on the market. There was a potential scandal at S&P. But it didn’t happen. My personal guess is a lot of finance influencers latched onto this story. When it didn’t pan out they tried to maintain credibility by shifting it onto the Nasdaq 100, where it doesn’t make sense.

yobutdude 4mo ago
They changed the rules for one person. You are the biggest simp for the rich. They pay you to post here in their defense? Discourse on this site is no better than Twitter or Reddit, just another flavor of stupid.
- JumpCrisscross 4mo ago
  > They changed the rules for one person The timing isn’t great. But this was being discussed for a while. If it were only SpaceX, I’m doubtful the rules would have changed. But a tech index not including SpaceX, OpenAI, Anthropic and SK Hynix is a bit silly. And in the end, on index inclusion, the stock still fell. > simp…Twitter or Reddit Mm hmm.
  - yobutdude 4mo ago
    > A bit silly Mm hmm I mean the planets would fly off orbit ...such thoughtless justification is not really disproving comparison to "anything goes" discourse of other platforms with a nonsense appeal to empty normalization 100% designed to offload an empty bag onto retail investors SpaceX is propped up entirely by government subsidy It has no real sustainable business unlike SK Hynix, very much like OAI and Anthropic What's silly is propping up ephemeral companies that burn resources and produce nothing
    - JumpCrisscross 4mo ago
      > offload an empty bag onto retail investors This was a popular meme on Twitter and Reddit and YouTube, granted. The math doesn’t make sense with an index like the Nasdaq 100. But I’ll admit it’s a good story. > SpaceX is propped up entirely by government subsidy This is also true of every defence contractor.
      - yobutdude 4mo ago
        Colonies on Mars is a good story Super intelligence is a good story These companies are built on little more than "a good story" for politicians to sell to voters ..."i voted in Congress for that!" You're arguing semantics Economic math is being leveraged against innumerates as euphemism and obfuscation of same old avarice and political corruption. Biology is self selecting. There's no using rhetoric to wave off the ground truth is just a minority of the total population ensuring their own lived experience is put above everyone else's
        JumpCrisscross 4mo ago
        > a minority of the total population ensuring their own lived experience is put above everyone else's That’s a new use of that term!
        yobutdude 4mo ago
        No it is not. Appeals to equality of condition have existed for centuries. Among them are that term used verbatim. Ignored the other points and redirected to the least salient. Will take it as acceptance you realized how silly your carrying water for people who don't know or care you exist is. Age of account makes it clear you need the social system to remain solvent as you're likely rich on paper. Nothing more.
        deleted 4mo ago
        [deleted]
        4mo ago
cma 4mo ago
> Nasdaq 100 has always been marketed as a tech-forward index. It would be a bit ridiculous if they didn’t include the most value tech companies on the market. What if they floated only .01%? What's the cutoff for it being ridiculous not to include?
- JumpCrisscross 4mo ago
  > What if they floated only .01%? What's the cutoff for it being ridiculous not to include? You’d probably still include it, at least for a tech index. But you’d underweight it relative to float for indices published for funds. (The pure play index would weight it wholly because informationally it’s still a whole company.)

yobutdude 4mo ago

They changed the rules for one person. You are the biggest simp for the rich. They pay you to post here in their defense? Discourse on this site is no better than Twitter or Reddit, just another flavor of stupid.

JumpCrisscross 4mo ago
> They changed the rules for one person The timing isn’t great. But this was being discussed for a while. If it were only SpaceX, I’m doubtful the rules would have changed. But a tech index not including SpaceX, OpenAI, Anthropic and SK Hynix is a bit silly. And in the end, on index inclusion, the stock still fell. > simp…Twitter or Reddit Mm hmm.
- yobutdude 4mo ago
  > A bit silly Mm hmm I mean the planets would fly off orbit ...such thoughtless justification is not really disproving comparison to "anything goes" discourse of other platforms with a nonsense appeal to empty normalization 100% designed to offload an empty bag onto retail investors SpaceX is propped up entirely by government subsidy It has no real sustainable business unlike SK Hynix, very much like OAI and Anthropic What's silly is propping up ephemeral companies that burn resources and produce nothing
  - JumpCrisscross 4mo ago
    > offload an empty bag onto retail investors This was a popular meme on Twitter and Reddit and YouTube, granted. The math doesn’t make sense with an index like the Nasdaq 100. But I’ll admit it’s a good story. > SpaceX is propped up entirely by government subsidy This is also true of every defence contractor.
    - yobutdude 4mo ago
      Colonies on Mars is a good story Super intelligence is a good story These companies are built on little more than "a good story" for politicians to sell to voters ..."i voted in Congress for that!" You're arguing semantics Economic math is being leveraged against innumerates as euphemism and obfuscation of same old avarice and political corruption. Biology is self selecting. There's no using rhetoric to wave off the ground truth is just a minority of the total population ensuring their own lived experience is put above everyone else's
      - JumpCrisscross 4mo ago
        > a minority of the total population ensuring their own lived experience is put above everyone else's That’s a new use of that term!
        yobutdude 4mo ago
        No it is not. Appeals to equality of condition have existed for centuries. Among them are that term used verbatim. Ignored the other points and redirected to the least salient. Will take it as acceptance you realized how silly your carrying water for people who don't know or care you exist is. Age of account makes it clear you need the social system to remain solvent as you're likely rich on paper. Nothing more.
        deleted 4mo ago
        [deleted]
        4mo ago

cma 4mo ago

> Nasdaq 100 has always been marketed as a tech-forward index. It would be a bit ridiculous if they didn’t include the most value tech companies on the market. What if they floated only .01%? What's the cutoff for it being ridiculous not to include?

JumpCrisscross 4mo ago
> What if they floated only .01%? What's the cutoff for it being ridiculous not to include? You’d probably still include it, at least for a tech index. But you’d underweight it relative to float for indices published for funds. (The pure play index would weight it wholly because informationally it’s still a whole company.)