While this is true, something to keep in mind is that the liquidity of the market is finite. The market may be able to hold SPCX up currently but adding an additional $100b (and much more as the lockup periods end) plus whatever OpenAI ends up offering might be too much for a lot of these pensions and the other buyers of these shares can manage. They will naturally get included in the indices as they become able to but the question is whether or not all 6 trillion of collective market cap they're attempting to offload will be able to be held up with time. My working theory is that they're aware of this fact to and it's been part of the reason they've been rushing to the door with these IPOs and non-standard lockup periods.

TSLA is the beneficiary of a slow-walked short squeeze. If measures hadn't been taken, it would have have turned into a black hole for the markets. TSLA was not owned by large institutional holders, and was actually bet against by them, the opposite of SPCX. SPCX is currently liquidity for X investors and it will collapse when they have exited.

People need to go to jail this time.

Which I did. Most obvious opportunity for a trailing stop order of my entire time trading, lol.

It stands to reason Anthropic will also have a huge upswing. I may eat my words.

Fwiw I agree that SpaceX is generally completely detached from reality and I am as-close-as-I-can-be to sure that Elon is doing some heavy manipulation behind the scenes, but this has changed recently as lockups expired. IIRC the current float is ~30%, compared to it's initial IPO when it was comically low at ~4-5%.

30% is much higher than 4-5%, but it's still much lower than most public companies (~80%)

I presume you mean a stock that holds its price with no dividend?

stock will likely hold inflation adjusted price unlike saving account.

Given gov currently spends 1T annually on servicing debt, I expect US is forced to print money and increase inflation for a long time.