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Whether or not SpaceX is overvalued, index funds are about to be forced to buy roughly $49B of it
Investor summaryNeutral
Index funds will be forced to buy ~$49B of SpaceX regardless of its valuation.
Bull points
- Index funds forced to buy ~$49B of SpaceX
- Massive capital inflow regardless of valuation
Bear points
- SpaceX might be overvalued
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