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Reply to "How distortionary will the SpaceX IPO be?"
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[quote=Anonymous][quote=Anonymous]There are a number of very interesting IPOs in the offing this year, but I will ignore anything by Elon. He's a white supremacist robber baron. [/quote] He had the rules changed so that YOUR funds have to buy it like 6 months after IPO, and they are limiting float to reduce supply which means index buys will squeeze price to ORBIT. You can’t ignore it, it’s going to hammer any index funds you own. https://finance.yahoo.com/markets/stocks/articles/elon-musks-spacex-could-fast-180121306.html[/quote]
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