161–170 of 638 posts
A stupid/naive question. Why does this affect SpaceX? They have their money(The IPO) Any third party trading value does not change that. Sure there may be individuals, officers of SpaceX who hold these instruments who will be negatively affective, but the company itself? My best guess, it makes it harder to get loans in the future.
The worst about the SpaceX IPO is Nasdaq changing their inclusion rules for the Nasdaq 100. The index fast-tracked SpaceX stock for inclusion 15 days after the IPO, instead of the normal three-month seasoning period. They also changed its 10% minimum float rule to a 3x weighting boost for low-float stockss. So many people will unwillingly and prematurely invest into SpaceX, before it has any chance to discover its re…
I am really curious for what reason they choose to do it? Like what is in for Nasdaq?
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The worst about the SpaceX IPO is Nasdaq changing their inclusion rules for the Nasdaq 100. The index fast-tracked SpaceX stock for inclusion 15 days after the IPO, instead of the normal three-month seasoning period. They also changed its 10% minimum float rule to a 3x weighting boost for low-float stockss. So many people will unwillingly and prematurely invest into SpaceX, before it has any chance to discover its re…
I am really curious for what reason they choose to do it? Like what is in for Nasdaq?
Which is all sorts of backwards. Debt has liquidation preference over equity. And equity market say spacex has trillion+ of supposed equity buffer before it cuts into debt value
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Elon actively interfered with US elections, and has done untold damage through his DOGE stunt. He uses his vast wealth in ways that have done real damage to the US, the US economy and in support of people who are dismantling American rights.
The boogeyman of "China/Asia" won't make me "support" a man who uses his money to make America worse. I do not support his actions and I do no wish to fund them regardless of the technology they create.
I'm impressed with the general public. I thought these guys would get away with their hype train. Nice surprise.
but they did. they already got their money. it's the investors who are going to take a bath, not spacex
Earlier quoted context omitted.
Literally the index. If you track the NASDAQ as part of your index you must obey it's inclusion rules.
Ok but there are very few indices following NASDAQ, compared to S&P 500.
https://etfdb.com/index/nasdaq-100-index/ are the ETFs that track that index.
The worst about the SpaceX IPO is Nasdaq changing their inclusion rules for the Nasdaq 100. The index fast-tracked SpaceX stock for inclusion 15 days after the IPO, instead of the normal three-month seasoning period. They also changed its 10% minimum float rule to a 3x weighting boost for low-float stockss. So many people will unwillingly and prematurely invest into SpaceX, before it has any chance to discover its re…
So, the inclusion rules are basically "these are the hard limits that specify which stocks are eligible, unless someone really big and lucrative comes along, in which case it's whatever and we'll just adjust the rules to make them eligible"?
Edit: thanks for the downvotes. Defenders of capitalism unite!!! lol. Free market right?
The worst about the SpaceX IPO is Nasdaq changing their inclusion rules for the Nasdaq 100. The index fast-tracked SpaceX stock for inclusion 15 days after the IPO, instead of the normal three-month seasoning period. They also changed its 10% minimum float rule to a 3x weighting boost for low-float stockss. So many people will unwillingly and prematurely invest into SpaceX, before it has any chance to discover its re…
I am really curious for what reason they choose to do it? Like what is in for Nasdaq?