Just buy the stock or buy a mutual fund which invests in IT, AI, Tech what have you. Sooner or later they will probably also be included in the general index funds.
replyExactly. Once they have enough float and has had enough time for actual price discovery they'll be included in index funds like any other large cap stock.
replyThis. This a risk stance where they want to see the performance in 3-6 months. I have no doubt hundreds of funds will buy in but the major index needs to be sure it’s not going to drag down the entire stack with its inclusion.
replyExactly. That's what the index funds would have had to do as well.
replyYes. Plenty is correct. Fidelity let's you buy SpaceX at IPO with only $2K in the bank.
replyAnd there are other reasons to be cautious. Many passive funds don't license the SP500 and instead mirror it with their own synthetic index. They are not bound to respect this decision.
I think caution is most warranted, but I also think it's likely that SpaceX will become a real-life Weyland-Yutani Corporation (i.e. "The Company") of Alien and own space. But I'll be long dead before that plays out.
replyI've always favoured Tessier-Ashpool S.A. as comparable. The creation of AI's and Freeside and Musk's pronatalism slots in nicely.
replyMusk isn't a natalist. The global population is going up. And yet, he complains about not enough births. Because he is a white supremacist. He wants white people to outnumber other races. The current state of affairs would be satisfactory to him if he were merely a natalist.
replyThe population is very hard to count, believe it or not. In many places, the birth rate is well under replacement and in the others it's dropping quickly. Furthermore there's widespread fraud and deliberate miscounting which also makes it hard to really know.
replySource?
reply> But I'll be long dead before that plays out.
replyGiven how that's played out in the movies, I'd be happy about that.