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by cdrnsf 2 hours ago
> The A.I. company’s advisers are pushing its chief executive, Sam Altman, to move slowly after SpaceX’s stock has been volatile and as the start-up grapples with financial challenges.

SpaceX's stock volatile? It's a shame nobody saw that coming.

2 comments

Launched in the same way they launch Starship, full of ambition, promising a bit too much, but might explode at any moment. Either way it will be a spectacular show regardless of what happen.
Is it still being prematurely included in the major index funds?
Only the Nasdaq, which is an intentionally aggressive index. The S&P rejected all proposals.
yes, in few weeks.unfortunately the stock will be back from this slump
Ummm probably not. Lock ups are going to dump far more stock into the market.
But they are going to coincide lockups with the release of additional stock float from 5% up to 20% of the total "valuation" with a 3x QQQ multiplier so that stock indexes will treat them as 60% float even though 2/3rds of those shares are unavailable. Thus they guarantee that even more shares must be bought by tracking ETFs and institutional buyers. Everybody (that already owns pre-IPO shares) wins!
But that's not a secret, and therefore already priced in, right?