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ambicapter an hour ago

> buyers decide the prices they'll buy at.

Not if they're index funds. They buy at the price it is, until they've satisfied their holdings represent the appropriate share of the market. Which, pre-IPO and early-days-after-IPO, is likely to not be accurate to the long-term price.

l23k4 an hour ago | parent [-]

Index funds don't buy at any "asking price" set by SpaceX.