The Nasdaq 100 and FTSE Russell made a rule change that allows SpaceX to enter index without mormal time for price discovery. Most index funds have rebalance day just 5 days after IPO. S&P also made rule change for S&P Total Market Index and Dow Jones US Total Stock Market Index, but left SP500 intact.
Nothing wrong with SpaceX or Anthropic getting into indexes with fair rules, this rule change is pure creed+corruption.
What evidence do you have that these rule changes are motivated by "creed" or corruption?
What evidence do you have that 9/11 was not an inside job?
> please justify your position
I'll cite Matt Levine from Bloomberg:
>1. In the next few months, SpaceX, Anthropic and OpenAI will all probably go public at massive valuations.
>2. They will be fast-tracked into the major stock indexes, because those indexes are designed to reflect the stock market, and reflecting the stock market, in 2027, will absolutely require big allocations to those three companies.
I'm sticking to the facts, shove your ideological struggle up your ass or go pollute a different website.
But there are things to say about your point too. I’ve commented on that in other threads.
As long as there are active investors in the market conducting price discovery. Which there always will be, just pointing out that someone has to care, even if you don’t