You're making a similar mistake treating it as fait accompli that SpaceX will tank between IPO and some future date, but that isn't a given either.

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gopher_space 4 hours ago | parent | next [-]

It's more about sidestepping the waves of market manipulation.

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insane_dreamer 2 hours ago | parent | prev | next [-]

sure it's not a given, but I certainly am not confident enough that it won't happen to bet my money in it, which I would automatically be doing if it was admitted to the SP500

	▲	loeg 22 minutes ago \| parent [-]
		It would make up less than 0.15% of the index with the limited float available at IPO. Even if it went to zero, your portfolio wouldn't notice it.

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XorNot 5 hours ago | parent | prev [-]

SpaceX is not worth $1 trillion, when most of that valuation is based on xAI being worth far more then their already dominant position in the space launch business.