Your 401(k) is about to become Elon Musk's exit liquidity

root-parent

And Goldman Sachs the lead underwriter for SpaceX IPO is back at their criminal activities: "Goldman Sachs expects SpaceX’s AI revenue to increase 100-fold by 2030" - https://www.ft.com/content/516cd0e5-a402-4b6c-8035-d688dc5f0... Reminder what these guys are all about: https://youtu.be/jS9r1Dk-Zg8

2001zhaozhao

Am i wrong about this or does the passive fund changes not actually mean much in SpaceX's case? A very small share of SpaceX stock is actually publicly traded for the first 90 days after IPO. It'll become much, much larger after half a year or so, and therefore so will the amount that index funds will put into the stock. In this case, shouldn't the impact of a passive fund going into SpaceX be small to begin with in the first 90 days anyway, compared to the long-run amount of money going into these stocks? So even if the average investor takes a loss, it should be limited in impact compared to the counterfactual where the rule change never happened.