You forgot the part where NASDAQ already enacted a rule change that normally prohibits small floats from index inclusion (and thus forced purchase by index funds), which was normally 10% [1]. SpaceX is only floating ~4.3% of their stock and they're triple-weighting it.

[1]: https://www.forbes.com/sites/garthfriesen/2026/04/25/spacex-...

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jauntywundrkind 2 hours ago | parent [-]

Also worth asking what SpaceXLAI's plan is to make money. $22.7T of their $28.5T Total Addressable Market is... Drumroll... Enterprise AI! That's the plan, that's what we are investing in: spacex and Tesla and Twitter are all side shows, to sell AI. That's what everyone's absurdly overpriced forced passive investment is going to. https://bsky.app/profile/segyges.bsky.social/post/3mnan7hr2j...

There is nowhere near enough burning rage for this absurd fleecing of the public.

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kevin_thibedeau an hour ago | parent | next [-]

AI in space, for all that sweet sweet latency.

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smallerize 2 hours ago | parent | prev [-]

It's not only Grok, but also the robotics applications.

	▲	marcosdumay an hour ago \| parent [-]
		So... The US GDP in 2024 (the last one I found) was $27.8T... They are planning to capture 100.7% of it?