Hacker News new | ask | show | jobs
by SilverElfin 70 days ago
It’s been a topic several times in the last month here. Basically Elon pushed Nasdaq to change the rules specially for the SpaceX IPO and it means the public, through passive investments, will automatically buy shares at a high price rather than waiting a year for the price to settle, as it would need to today.

See this for more details:

https://x.com/michaeljburry/status/2032483200404992209