Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote: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.

Meh, he’s an autist who thinks reality matters.

PP you replied to. We're an autistic family, and none of us hold insane and cruel beliefs. Don't excuse him.

Elon is not afraid to speak the truth, when so many think they can condemn people in order to scare them into silence. I wish we had more Elon Musks.

I agree, he admitted failure at cutting any government spending or having any idea how it works. I'm sure one day he will express his feelings on the thousands of Africans who died because of his DOGE antics.

LOL. He was successful at cutting hundreds of billions of wasteful govt spending. Yes, he didn't cut a trillion. There is so much waste and fraud in the govt but it was a good start. USAID was full of waste and fraud. Besiders, why can't China take care of the Africans? The Chicoms certainly exploit them enough.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:How are 401ks and pension funds exposed to this ipo?

Banks are "guaranteeing" a baseline level of trading and strong-arming retail investor funds to hold SpaceX on their portfolios. There's only so much demand for satellites and only so much revenue (data centers in space is a pipe dream). So while the pre-IPO investors cash out, everyone is holding SpaceX paper, which can catastrophically go down. Anthropic and OpenAI are coming as well, but I don't think they have such extortionate arrangements. There's probably a crash in the offing but there's no hiding place (at least for most of us).

Why would say a small cap index, or an international index hold it? Is it going to be in the S&P500 immediately? Unless it is, I can’t think of any fund I hold where it could plausibly be included.

Yes, it will be included in the S&P almost immediately as well as QQQ and represent a large portion of it because of the rule change Musk pushed forward.

Stock split announcement is interesting— I guess it improves liquidity but I think the real reason was to push individual stock price down to bring in more of the Musk fan boy small dollar investors.

https://finance.yahoo.com/markets/stocks/article/spacex-reportedly-issues-5-for-1-stock-split-as-ipo-timeline-accelerates-121128655.html

In 2026 almost every brokerage allows for fractional shares.

Sure, but psychologically owning 0.3 shares in SpaceX does not feel as satisfying to a cult member as being a full shareholder! No voting rights (though probably that doesn't matter, I'm sure two a two-class structure that leaves Musk as king), and you are locked into your brokerage with fractional shares.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:How are 401ks and pension funds exposed to this ipo?

Banks are "guaranteeing" a baseline level of trading and strong-arming retail investor funds to hold SpaceX on their portfolios. There's only so much demand for satellites and only so much revenue (data centers in space is a pipe dream). So while the pre-IPO investors cash out, everyone is holding SpaceX paper, which can catastrophically go down. Anthropic and OpenAI are coming as well, but I don't think they have such extortionate arrangements. There's probably a crash in the offing but there's no hiding place (at least for most of us).

Why would say a small cap index, or an international index hold it? Is it going to be in the S&P500 immediately? Unless it is, I can’t think of any fund I hold where it could plausibly be included.

Yes, it will be included in the S&P almost immediately as well as QQQ and represent a large portion of it because of the rule change Musk pushed forward.

Stock split announcement is interesting— I guess it improves liquidity but I think the real reason was to push individual stock price down to bring in more of the Musk fan boy small dollar investors.

https://finance.yahoo.com/markets/stocks/article/spacex-reportedly-issues-5-for-1-stock-split-as-ipo-timeline-accelerates-121128655.html

In 2026 almost every brokerage allows for fractional shares.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:How are 401ks and pension funds exposed to this ipo?

Banks are "guaranteeing" a baseline level of trading and strong-arming retail investor funds to hold SpaceX on their portfolios. There's only so much demand for satellites and only so much revenue (data centers in space is a pipe dream). So while the pre-IPO investors cash out, everyone is holding SpaceX paper, which can catastrophically go down. Anthropic and OpenAI are coming as well, but I don't think they have such extortionate arrangements. There's probably a crash in the offing but there's no hiding place (at least for most of us).

Why would say a small cap index, or an international index hold it? Is it going to be in the S&P500 immediately? Unless it is, I can’t think of any fund I hold where it could plausibly be included.

Yes, it will be included in the S&P almost immediately as well as QQQ and represent a large portion of it because of the rule change Musk pushed forward.

Stock split announcement is interesting— I guess it improves liquidity but I think the real reason was to push individual stock price down to bring in more of the Musk fan boy small dollar investors.

https://finance.yahoo.com/markets/stocks/article/spacex-reportedly-issues-5-for-1-stock-split-as-ipo-timeline-accelerates-121128655.html

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:How are 401ks and pension funds exposed to this ipo?

Banks are "guaranteeing" a baseline level of trading and strong-arming retail investor funds to hold SpaceX on their portfolios. There's only so much demand for satellites and only so much revenue (data centers in space is a pipe dream). So while the pre-IPO investors cash out, everyone is holding SpaceX paper, which can catastrophically go down. Anthropic and OpenAI are coming as well, but I don't think they have such extortionate arrangements. There's probably a crash in the offing but there's no hiding place (at least for most of us).

Why would say a small cap index, or an international index hold it? Is it going to be in the S&P500 immediately? Unless it is, I can’t think of any fund I hold where it could plausibly be included.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote: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.

Meh, he’s an autist who thinks reality matters.

PP you replied to. We're an autistic family, and none of us hold insane and cruel beliefs. Don't excuse him.

Elon is not afraid to speak the truth, when so many think they can condemn people in order to scare them into silence. I wish we had more Elon Musks.

I agree, he admitted failure at cutting any government spending or having any idea how it works. I'm sure one day he will express his feelings on the thousands of Africans who died because of his DOGE antics.

LOL. He was successful at cutting hundreds of billions of wasteful govt spending. Yes, he didn't cut a trillion. There is so much waste and fraud in the govt but it was a good start. USAID was full of waste and fraud. Besiders, why can't China take care of the Africans? The Chicoms certainly exploit them enough.