Damus
nixCraft 🐧 profile picture
nixCraft 🐧
@nixCraft 🐧


Good news. After massive public backlash from both retail & pension funds, S&P Dow Jones Indices announced that it will keep its existing eligibility requirements for benchmarks including the S&P 500, closing the door to fast entry for big tech IPOs like SpaceX, Anthropic, OpenAI and delaying billions of dollars in flows from passive funds. This is will save retail investors retirement savings going to scam companies. SpaceX, Other Mega IPOs Denied Fast Index Entry by S&P https://finance.yahoo.com/markets/stocks/articles/spacex-other-mega-ipos-denied-223529619.html

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nixCraft 🐧 · 1w
Elon, Sama, Dario of these AI companies they think they are very smart because of deep connections in right places up in the chain to bend the rules. But when retail & pension fund threaten to take out money the S&P 500 issued a press release Thursday. So don't allow these scammer with loss makin...
nixCraft 🐧 · 1w
FYI, SpaceX set IPO price to $135 per share. Most analyst believe this is not just overvalued but they think it will hit $30-$40 range within months giving exit to VCs and other investors while you left holding this stock. Same thing is going to happen with other two AI companies upcoming IPOs.
Zhi Zhu πŸ•ΈοΈ · 1w
nostr:nprofile1qy2hwumn8ghj7un9d3shjtnyd968gmewwp6kyqpqgfdrrw9629qxwvwaa3vwnvzhtaqu2c5m9wf6vcwjnmdnhs7hl4jsk0npc0 Very good news!