> >Why does SpaceX warrant a change of existing trading rules?
They don't, while timing certainly benefits, and potentially was triggered by them
replySo the question remains, why do they warrant a rule change?
The answer remains, these rules do not specifically apply to only SpaceX, they apply to a range of companies that fit specific profiles. Timing happens to favor SpaceX, but will equally favor OpenAI, Anthropic and others within the same qualifiers.
replyThe links above provide specifics as to the what's and the why.
The rules were changed with these 3 specific companies in mind. Stop weaseling about it.
replyAnd prior to that Elon did float the idea of IPOing on a non-NYC exchange, some Texas exchange. So a bit of a stick and some honey in the IPO fees and early access.
replyBecause the people who can decide the rule change were bribed.
replyWhat is a Bribe? These indexes are all for profit companies with no obligation to you.
reply"Bought" is probably more correct, but honestly discussing semantics is just distracting from the main issue.
replyThis is not a "why".
replyWe all know they get paid by musk to load up on overvalued stocks so musk can get some cash from pension funds, the pay off a bit Russell’s for bending the rules. No one in their right mind would change rules to buy space x. What profit must have to compensate the valuation?
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