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Nobody Can Explain This Stock Market Chart... - Professional Investor Reacts
The Space IPO is getting closer… and the more this story develops, the more it feels like investors need to slow down before blindly buying the hype.
In this breakdown, we react to a deep dive on whether Elon Musk’s rumored $2 trillion Space IPO could create problems for index fund investors. The concern is not just the valuation. It’s the rule changes, the tiny free float, the shortened seasoning periods, and the possibility that passive investors could end up owning this stock through Nasdaq, Russell, or other index funds faster than expected.
And that’s where things get interesting. Space…
The skinny
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