Hacker News new | ask | show | jobs
by sethops1 2 days ago
Okay then why is SPCX going to be weighted 3x its actual float in the Nasdaq? A rule made just for SPCX.
1 comments

That's absolutely insane -- how the hell did anyone think that was a good idea under these circumstances ... This is an absolute scam -- why does it make sense for an index's buying volume requirement to be based on the implied value of shares that can't even be bought or sold ...?
it's not a scam if no one gets hurt
Honestly, I'm not sure most people get "hurt" in scams.

Think of the generic which cup has the ball scam? Like no American sailor falling for that overseas is going homeless from that event.

But I mean do you want to live in a neighborhood with only broken windows?