alt Hacker NewsFrom what I understand, SpaceX has been engineered such that all kinds of passive investment funds (pension funds, ETFs) will buy into it at their first rebalancing, and as such it should get a decent amount of volume after open.
Having said that, it’s the company I have least faith in due to the recent acquisition of xAI / Twitter.
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I heard that the rule changes which would allow SpaceX to be auto bought by those funds has been blocked, previous stock seasoning rules will apply
S&P is no longer allowing this, only the NASDAQ. I think the bigger risk would be if they were included in the S&P 100/500. There was too much backlash.
These capitalists are taking advantage of the corrupt administration in charge at the moment (not that a blue admin would be that much better), but they can get away with almost everything at the moment. Keep your head on a swivel, the billionaire class knows they don't have to worry about going to jail for the next few years and they'll make sure to screw everyone they possibly can to satisfy their endless greed.
Death to the fascist insect that feeds on the blood of the people.
> SpaceX has been engineered such that all kinds of passive investment funds (pension funds, ETFs) will buy into it
Pension funds are rarely passively run. They tend to be sophisticated investors. For example, several pension funds are already investors in SpaceX.
NASDAQ 100 will include SpaceX after a couple weeks. But it's a tech fund. It's strange to complain about buying the largest tech company in a tech fund. Similarly, S&P total market and Russell total market will buy early. But again, those are total-market funds. If you want to actively manage your portfolio, don't buy total-market funds.