Y’all, we need to talk about upcoming #IPOs, and the insane rule changes that #nasdaq has just announced.
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Y’all, we need to talk about upcoming #IPOs, and the insane rule changes that #nasdaq has just announced.
Nasdaq rewrote its #index inclusion rules to accommodate #SpaceX’s mega-IPO, implementing a "Fast Entry" provision that allows the company to join the Nasdaq-100 index just 15 trading days after its initial public offering, down from the standard three-month seasoning period.
They also eliminated the minimum float requirement of 20% available public shares and instead stocks with less than 20% of shares publicly traded, Nasdaq applies a 3x multiplier to the free-float for index weighting purposes, artificially inflating low-float giants like SpaceX in passive funds.
Ok, but in English? #SpaceX, #OpenAI and #Anthropic have just figured out a scam to force every passive #IRA, #401k, and index fund to buy their stock before pricing evaluation.
They’ve figured out how to steal your #retirement.
#AI #LLM #Scam #guillotines #YouWillOwnNothing
https://www.businessinsider.com/spacex-ipo-s1-spcx-stock-nasdaq-qqq-elon-musk-2026-5
I think one of the USAs most important but unspoken problems is the entire Financial industry. There’s nothing there that adds actual value for everyday people.
I’d be perfectly fine with that entire system burning to the ground and never being rebuilt. It’s a creation of, by, and for the lazy rich. It doesn’t help anyone who isn’t rich.
Wreck it all.
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Y’all, we need to talk about upcoming #IPOs, and the insane rule changes that #nasdaq has just announced.
Nasdaq rewrote its #index inclusion rules to accommodate #SpaceX’s mega-IPO, implementing a "Fast Entry" provision that allows the company to join the Nasdaq-100 index just 15 trading days after its initial public offering, down from the standard three-month seasoning period.
They also eliminated the minimum float requirement of 20% available public shares and instead stocks with less than 20% of shares publicly traded, Nasdaq applies a 3x multiplier to the free-float for index weighting purposes, artificially inflating low-float giants like SpaceX in passive funds.
Ok, but in English? #SpaceX, #OpenAI and #Anthropic have just figured out a scam to force every passive #IRA, #401k, and index fund to buy their stock before pricing evaluation.
They’ve figured out how to steal your #retirement.
#AI #LLM #Scam #guillotines #YouWillOwnNothing
https://www.businessinsider.com/spacex-ipo-s1-spcx-stock-nasdaq-qqq-elon-musk-2026-5
@MissConstrue My expectation is that this is going to backfire on them in spectacular fashion. Specifically, when these "early entries" re-price once the market understands them (usually 90 - 180 days after entry) if they are as weak as they seem, they are going to take the indexes down double digit percentages. That will confuse the rubes who conflate the market with the economy and now both signals the market and inflation will say the economy is bad. Not good for anyone in elected office.
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@shredder7579 Qualify: I’m not a financial advisor, but as I understand it, passive index is forced to buy shares in any stock listed in the 100.
That’s why changing the rules to allow a company that will be 95% privately held to be jammed into every index portfolio is a massive risk to the entire market.
Spacex ipo is coming in a valuation that exceed all other military contractors combined. A bigger cap that all of coke, Pepsi, frito, nestle, et al, combined.
The SpaceX IPO is expected to be the largest in history, with a targeted valuation between $1.75 trillion and $2 trillion, placing it among the world’s top 10 most valuable companies by market cap. At a $1.75 trillion valuation, SpaceX would rank 8th globally, surpassing companies like Meta, Tesla, and Broadcom, and exceeding Saudi Aramco’s $1.7 trillion IPO in 2019.
For a company valued at 1000x earnings. A company that has never made a profit. It’s bugfuck insane. It’s pure grift.
@MissConstrue @shredder7579
"For a company valued at 1000x earnings. [Musk's SpaceX is] A company that has never made a profit. It’s bugfuck insane. It’s pure grift."
In other words, Capitalism2026. -
Y’all, we need to talk about upcoming #IPOs, and the insane rule changes that #nasdaq has just announced.
Nasdaq rewrote its #index inclusion rules to accommodate #SpaceX’s mega-IPO, implementing a "Fast Entry" provision that allows the company to join the Nasdaq-100 index just 15 trading days after its initial public offering, down from the standard three-month seasoning period.
They also eliminated the minimum float requirement of 20% available public shares and instead stocks with less than 20% of shares publicly traded, Nasdaq applies a 3x multiplier to the free-float for index weighting purposes, artificially inflating low-float giants like SpaceX in passive funds.
Ok, but in English? #SpaceX, #OpenAI and #Anthropic have just figured out a scam to force every passive #IRA, #401k, and index fund to buy their stock before pricing evaluation.
They’ve figured out how to steal your #retirement.
#AI #LLM #Scam #guillotines #YouWillOwnNothing
https://www.businessinsider.com/spacex-ipo-s1-spcx-stock-nasdaq-qqq-elon-musk-2026-5
@MissConstrue I have no control over my 401k because the company that bought out my former company has completely screwed up everything regarding the transfer of our accounts from Principal to the new fund. It's been 7 months.
I have no idea how to protect my account from this kind of criminal activity -
Y’all, we need to talk about upcoming #IPOs, and the insane rule changes that #nasdaq has just announced.
Nasdaq rewrote its #index inclusion rules to accommodate #SpaceX’s mega-IPO, implementing a "Fast Entry" provision that allows the company to join the Nasdaq-100 index just 15 trading days after its initial public offering, down from the standard three-month seasoning period.
They also eliminated the minimum float requirement of 20% available public shares and instead stocks with less than 20% of shares publicly traded, Nasdaq applies a 3x multiplier to the free-float for index weighting purposes, artificially inflating low-float giants like SpaceX in passive funds.
Ok, but in English? #SpaceX, #OpenAI and #Anthropic have just figured out a scam to force every passive #IRA, #401k, and index fund to buy their stock before pricing evaluation.
They’ve figured out how to steal your #retirement.
#AI #LLM #Scam #guillotines #YouWillOwnNothing
https://www.businessinsider.com/spacex-ipo-s1-spcx-stock-nasdaq-qqq-elon-musk-2026-5
@MissConstrue what a quaint idea, retirement.
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Y’all, we need to talk about upcoming #IPOs, and the insane rule changes that #nasdaq has just announced.
Nasdaq rewrote its #index inclusion rules to accommodate #SpaceX’s mega-IPO, implementing a "Fast Entry" provision that allows the company to join the Nasdaq-100 index just 15 trading days after its initial public offering, down from the standard three-month seasoning period.
They also eliminated the minimum float requirement of 20% available public shares and instead stocks with less than 20% of shares publicly traded, Nasdaq applies a 3x multiplier to the free-float for index weighting purposes, artificially inflating low-float giants like SpaceX in passive funds.
Ok, but in English? #SpaceX, #OpenAI and #Anthropic have just figured out a scam to force every passive #IRA, #401k, and index fund to buy their stock before pricing evaluation.
They’ve figured out how to steal your #retirement.
#AI #LLM #Scam #guillotines #YouWillOwnNothing
https://www.businessinsider.com/spacex-ipo-s1-spcx-stock-nasdaq-qqq-elon-musk-2026-5
@MissConstrue Thank you for posting the info. I hadn't heard about this. Here is another story on the rule changes from Reuters. https://www.reuters.com/business/new-nasdaq-rules-include-fast-entry-new-listings-benchmark-index-2026-03-30/
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Y’all, we need to talk about upcoming #IPOs, and the insane rule changes that #nasdaq has just announced.
Nasdaq rewrote its #index inclusion rules to accommodate #SpaceX’s mega-IPO, implementing a "Fast Entry" provision that allows the company to join the Nasdaq-100 index just 15 trading days after its initial public offering, down from the standard three-month seasoning period.
They also eliminated the minimum float requirement of 20% available public shares and instead stocks with less than 20% of shares publicly traded, Nasdaq applies a 3x multiplier to the free-float for index weighting purposes, artificially inflating low-float giants like SpaceX in passive funds.
Ok, but in English? #SpaceX, #OpenAI and #Anthropic have just figured out a scam to force every passive #IRA, #401k, and index fund to buy their stock before pricing evaluation.
They’ve figured out how to steal your #retirement.
#AI #LLM #Scam #guillotines #YouWillOwnNothing
https://www.businessinsider.com/spacex-ipo-s1-spcx-stock-nasdaq-qqq-elon-musk-2026-5
@MissConstrue Worth noting that not all indexes track the S&P 500, VT tracks the FTSE Global All Cap Index, while VTI tracks the CRSP US Total Market Index.
I am not a financial expert but surely this only affects funds indexed against the NASDAQ specifically?
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Y’all, we need to talk about upcoming #IPOs, and the insane rule changes that #nasdaq has just announced.
Nasdaq rewrote its #index inclusion rules to accommodate #SpaceX’s mega-IPO, implementing a "Fast Entry" provision that allows the company to join the Nasdaq-100 index just 15 trading days after its initial public offering, down from the standard three-month seasoning period.
They also eliminated the minimum float requirement of 20% available public shares and instead stocks with less than 20% of shares publicly traded, Nasdaq applies a 3x multiplier to the free-float for index weighting purposes, artificially inflating low-float giants like SpaceX in passive funds.
Ok, but in English? #SpaceX, #OpenAI and #Anthropic have just figured out a scam to force every passive #IRA, #401k, and index fund to buy their stock before pricing evaluation.
They’ve figured out how to steal your #retirement.
#AI #LLM #Scam #guillotines #YouWillOwnNothing
https://www.businessinsider.com/spacex-ipo-s1-spcx-stock-nasdaq-qqq-elon-musk-2026-5
@MissConstrue corruption like this is what pushed me toward international stock and bond funds along with XMAG.
But the way things are going, it may be time to reconsider individual stocks again... Tired of the dual class shares, the corrupt, self-serving oligarchs, the impotent FTC, I could go on...
What the US needs at this point is a Lina Khan-T800 hybrid....
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@RaymondPierreL3 @MissConstrue
Wars aren't even wars anymore, just flashy games to manipulate the odds in the casino for the benefit of insiders.
@violetmadder @RaymondPierreL3 @MissConstrue A significant portion of Iran, Lebanon and Palestine would disagree with you. Not to mention Ukraine and all the wars we never hear about because there aren’t any white people involved.
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@shredder7579 Qualify: I’m not a financial advisor, but as I understand it, passive index is forced to buy shares in any stock listed in the 100.
That’s why changing the rules to allow a company that will be 95% privately held to be jammed into every index portfolio is a massive risk to the entire market.
Spacex ipo is coming in a valuation that exceed all other military contractors combined. A bigger cap that all of coke, Pepsi, frito, nestle, et al, combined.
The SpaceX IPO is expected to be the largest in history, with a targeted valuation between $1.75 trillion and $2 trillion, placing it among the world’s top 10 most valuable companies by market cap. At a $1.75 trillion valuation, SpaceX would rank 8th globally, surpassing companies like Meta, Tesla, and Broadcom, and exceeding Saudi Aramco’s $1.7 trillion IPO in 2019.
For a company valued at 1000x earnings. A company that has never made a profit. It’s bugfuck insane. It’s pure grift.
@MissConstrue @shredder7579
Ah, I remember back before, to a simpler time when I never understood why the French used those guillotines. -
Y’all, we need to talk about upcoming #IPOs, and the insane rule changes that #nasdaq has just announced.
Nasdaq rewrote its #index inclusion rules to accommodate #SpaceX’s mega-IPO, implementing a "Fast Entry" provision that allows the company to join the Nasdaq-100 index just 15 trading days after its initial public offering, down from the standard three-month seasoning period.
They also eliminated the minimum float requirement of 20% available public shares and instead stocks with less than 20% of shares publicly traded, Nasdaq applies a 3x multiplier to the free-float for index weighting purposes, artificially inflating low-float giants like SpaceX in passive funds.
Ok, but in English? #SpaceX, #OpenAI and #Anthropic have just figured out a scam to force every passive #IRA, #401k, and index fund to buy their stock before pricing evaluation.
They’ve figured out how to steal your #retirement.
#AI #LLM #Scam #guillotines #YouWillOwnNothing
https://www.businessinsider.com/spacex-ipo-s1-spcx-stock-nasdaq-qqq-elon-musk-2026-5
@MissConstrue Eh, closer to the bone to say forcing you to invest your retirement on risky financial gambles.
...But there is an answer. You call up your broker and specify you don't want your stock portfolio invested in specified companies, individually or by index fund. Enough people do that? Suddenly the next big reserve of wealth they're depending on to unnaturally value their inflated stocks goes bye bye.
It's not theft so much as an attempt to forestall the bubble pop.
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Y’all, we need to talk about upcoming #IPOs, and the insane rule changes that #nasdaq has just announced.
Nasdaq rewrote its #index inclusion rules to accommodate #SpaceX’s mega-IPO, implementing a "Fast Entry" provision that allows the company to join the Nasdaq-100 index just 15 trading days after its initial public offering, down from the standard three-month seasoning period.
They also eliminated the minimum float requirement of 20% available public shares and instead stocks with less than 20% of shares publicly traded, Nasdaq applies a 3x multiplier to the free-float for index weighting purposes, artificially inflating low-float giants like SpaceX in passive funds.
Ok, but in English? #SpaceX, #OpenAI and #Anthropic have just figured out a scam to force every passive #IRA, #401k, and index fund to buy their stock before pricing evaluation.
They’ve figured out how to steal your #retirement.
#AI #LLM #Scam #guillotines #YouWillOwnNothing
https://www.businessinsider.com/spacex-ipo-s1-spcx-stock-nasdaq-qqq-elon-musk-2026-5
@MissConstrue If people DON'T start pushing back hard, just between the irrational & astronomical over-valuated crypto & AI bubble bubble pop will suddenly become a fiscal black hole dropping a healthy percentage of total WORLD GDP down a gravity well. The resultant depression will be unparalleled in magnitude, depth, reach, and length. The only people making money will be those who track down & publish the location of cheerleaders & ringleaders for an angry mob to tear apart barehanded.
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@MissConstrue Worth noting that not all indexes track the S&P 500, VT tracks the FTSE Global All Cap Index, while VTI tracks the CRSP US Total Market Index.
I am not a financial expert but surely this only affects funds indexed against the NASDAQ specifically?
@fd93 It might be contained to nasdaq, but the other exchanges have made noises about doing the same, because billionaires have gravity in the financial world.
I wanna say the article I linked mentioned it, if not it was bloomberg or wsj.
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@MissConstrue If people DON'T start pushing back hard, just between the irrational & astronomical over-valuated crypto & AI bubble bubble pop will suddenly become a fiscal black hole dropping a healthy percentage of total WORLD GDP down a gravity well. The resultant depression will be unparalleled in magnitude, depth, reach, and length. The only people making money will be those who track down & publish the location of cheerleaders & ringleaders for an angry mob to tear apart barehanded.
@Beggarmidas Ok, now I want to get the Yes Men to create a pitch deck for that app to present to a vulture capital incubator.
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@fd93 It might be contained to nasdaq, but the other exchanges have made noises about doing the same, because billionaires have gravity in the financial world.
I wanna say the article I linked mentioned it, if not it was bloomberg or wsj.
@MissConstrue Seems FTSE is 'considering' it but hasn't yet made a rule change. As they would fall under the UK regulator - which operates rather differently to US regulators - who knows what they'll do. Most likely they would be less bullish than the NASDAQ in any case.
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@MissConstrue Eh, closer to the bone to say forcing you to invest your retirement on risky financial gambles.
...But there is an answer. You call up your broker and specify you don't want your stock portfolio invested in specified companies, individually or by index fund. Enough people do that? Suddenly the next big reserve of wealth they're depending on to unnaturally value their inflated stocks goes bye bye.
It's not theft so much as an attempt to forestall the bubble pop.
Yes...and no. employees rarely have that kind of autonomy about their 401ks. Also, the laws around index funds are tricky, and excluding a single stock might run into regulatory issues.
It's all prospectus. If the fund "tracks an index", then it has to buy in proportional percentages everything in that index. And with companies like amazon and alphabet overweight, it means indexes hold more.
These IPOS are coming in bigger than anything has ever come in before, including the Saudi Aramco IPO...and Aramco actually produces profit.
So, short answer; any prospectus which covers broad index cannot avoid a singular stock, as I understand it.
I am not an expert.
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Y’all, we need to talk about upcoming #IPOs, and the insane rule changes that #nasdaq has just announced.
Nasdaq rewrote its #index inclusion rules to accommodate #SpaceX’s mega-IPO, implementing a "Fast Entry" provision that allows the company to join the Nasdaq-100 index just 15 trading days after its initial public offering, down from the standard three-month seasoning period.
They also eliminated the minimum float requirement of 20% available public shares and instead stocks with less than 20% of shares publicly traded, Nasdaq applies a 3x multiplier to the free-float for index weighting purposes, artificially inflating low-float giants like SpaceX in passive funds.
Ok, but in English? #SpaceX, #OpenAI and #Anthropic have just figured out a scam to force every passive #IRA, #401k, and index fund to buy their stock before pricing evaluation.
They’ve figured out how to steal your #retirement.
#AI #LLM #Scam #guillotines #YouWillOwnNothing
https://www.businessinsider.com/spacex-ipo-s1-spcx-stock-nasdaq-qqq-elon-musk-2026-5
@MissConstrue Almost makes me glad I spent mine already.
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@MissConstrue what a quaint idea, retirement.
@Netraven Yeah...indoctrination, what can you do? It's wild to me that my grandparents were younger than I am now when they retired.
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@Netraven Yeah...indoctrination, what can you do? It's wild to me that my grandparents were younger than I am now when they retired.
@MissConstrue I barely had parents, let alone grandparents.
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@MissConstrue I have no control over my 401k because the company that bought out my former company has completely screwed up everything regarding the transfer of our accounts from Principal to the new fund. It's been 7 months.
I have no idea how to protect my account from this kind of criminal activity@BLTpizza Yeah, unfortunately, there is often no autonomy in 401ks. Re the missing transfer though? I might check my local bar association and ask for a free consultation with an employment attorney. I'm almost positive that's not allowed.
