Remix.run Logo
gruez 2 hours ago

>and cut the seasoning window from 90 days to 5.

90 days or 5 days, it doesn't really matter because the float will be tiny due to the 6 month lockup. What kind of price discovery are we expecting that would happen in the other 85 days?

donbox an hour ago | parent | next [-]

If it does not matter, then don't change it.

cortesoft 8 minutes ago | parent | prev | next [-]

The indexes are weighted based on the float (at least most of them)... so a small float means they will buy a much smaller number of shares.

randbyte an hour ago | parent | prev | next [-]

> it doesn't really matter because the float will be tiny due to the 6 month lockup.

Not really: https://www.reuters.com/legal/government/spacex-allow-early-...

HWR_14 11 minutes ago | parent | prev [-]

SpaceX is slowly and steadily increasing the float over the first 6 months by having a rolling end to the lockup. The only major cliff will be Elons shares