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by mrhottakes 15 days ago
The big indexes will buy SpaceX soon. If pensions buy big indexes, which they do, they will own SpaceX indirectly.
1 comments

Pensions buy big indexes in part because of the exact policies that were reversed to let SpaceX in; the behavior is not an immutable law of nature.

OTOH, the changes may expose them to SpaceX before they could reasonably rebalance their holdings, even if they were to stop buying the affected indexes immediately.