r/stocks
so indexes can just change the rules when SpaceX shows up?
Author criticizes potential rule changes in stock indexes to fast-track SpaceX inclusion, viewing it as unfair market manipulation favoring hype over established rules.
- Index providers may compromise structural integrity and fairness by altering listing rules specifically for high-profile companies like SpaceX.
- The casual acceptance of rule-bending for popular stocks suggests a market environment driven by hype rather than disciplined governance.
- Early inclusion mechanisms could lead to inefficient pricing and force passive funds to buy at inflated valuations before stability is proven.
The part that annoys me is how casual everyone is acting about this.
Like… almost every index suddenly being willing to tweak the “number of trading days” rule just so SpaceX can be added faster feels insane to me. Maybe I’m missing something, idk, but weren’t these rules supposed to exist so the process didn’t become “well this company is huge and everyone wants exposure, so let’s just speedrun it”?
And yeah, I get it. SpaceX is SpaceX. It’s not some random SPAC with a shiny deck and vibes. People want it in. Funds want it in. Anyone tracking those indexes probably doesn’t want to be the last one buying after the price already went stupid.
But still. If the index rules are flexible the second a big enough name appears, then what are we even pretending here? Rules for normal companies, exceptions for the cool ones?
Anyway maybe this is just how markets always work and I’m late to noticing it. Wouldn’t be the first time. But it feels like the kind of thing everyone would be yelling about if it were a less beloved company. With SpaceX people just shrug and go “yeah makes sense.”
Am I overreacting or is this actually kind of sketchy?
Go outside and try doing what Trump has done and get back to us.
Wait?
Suprised I'm not seeing more of this sentiment. It's normally seen as the number 1 cause and symptom of a crash.
I wasn't complaining just calling you dumb
Considering im 17 years time in service in the military. I can tell you with absolute confidence I would be in prison, as well as administratively punished both federally and in civilian court doing even 1/20th what Trump has done.
He is an excellent case that rich people dont play by the same rules.
Trump has made billions of dollars and inappropriately misused funds and took bribes to change national policy for foreigners.
There are people relieved of duty and federally charged for failing to disclose they purchased a soda on a government travel card. And yes. That actually happened to a sergeant 1st class supply sergeant.
Compare that to what Trump has done and get back to me.
I have no idea what youre talking about or referring to but im in Spain as I type this... soooo...
Now walk into a beauty pageant full of naked 16 and below girls and tell them how youre gonna fuck them and commit 100s of millions in real estate fraud.
Poor guy can't handle what Trump actually did. Keep living in fantasy maga land 😆 🤣
No one is surprised by Nasdaq
Chasing profits? No. This is outright theft from people holding index funds.
\> A man named Walczak was convicted of misusing employee tax funds for personal enrichment. His pardon request sat unanswered for months. Then his mother attended a Mar-a-Lago fundraiser where tickets cost $1 million per person. Twelve days after his sentencing, Trump pardoned him before he served a single day, and the pardon eliminated his restitution obligation
Truly regarded
The biggest financial fraud in the history of capitalism . The stock will explode on the launch pad within a few days of IPO. The biggest trap set for the retail investors , transferring their money to the wealthiest
God, the amount of rich people paying for pardons should be super, super easy to understand even for a regard
Oh sweet summer child…
Only Nasdaq changed the rules. S&P500 recanted and total market funds have always bought after 5 days. Another reason not to buy QQQ.