General Discussion

"15 days from the IPO"

I like to be careful about financial stories that come from hyper-partisan media. One of the rules of gambling is "Never place a bet you don't full understand." Rawstory claims "this will force $30 trillion in 401Ks to buy SpaceX at IPO valuations". This is not true. The new instant inclusion thing is bad but not $30 trillion bad.

Here is better math: "somewhere between $15B and $30B in conservative scenarios, well over $100B in aggressive ones". So rawStory has exaggerated by a factor of 300x to 1,000x. And they completely omit: "Forced selling pressure on existing index members (Apple, Microsoft, Nvidia, etc.), proportional to their current index weight."

IOW these big passive index funds will be forced to sell more stable stocks to buy this IPO.

Lots of jargon but better math:
https://spotgamma.com/spacex-ipo-index-changes-spotgamma/