[anonymars]

And why did SpaceX want the rules changed? Because anyone holding those passive indexes (a huge percent of holdings) would be forced to either liquidate them or invest in SpaceX

Is there a relevant distinction you are trying to make, beyond "well, actually"? Call it something else then, like "enshittification of index funds" but it's still the same overall picture of getting money from people who otherwise wouldn't have invested in it