"Bloomberg Intelligence, they estimate that S&P 500 funds will be forced to absorb 19% of SpaceX float within 6 months. Russell 1000 and Nasdaq 100 funds will absorb another whopping 24%. So, look, if you own an index fund, and most Americans do, you're about to own SpaceX whether you want to or not."

…You see, index providers waived the profitability requirement. The Nasdaq cut its inclusion window from 90 trading days from 90 to just 15. The FTSE Russell cut its window down to 5 days. The 10% minimum free float requirement, yeah, they did away with that. You don't need that [ __ ] do we? The result, well, Bloomberg Intelligence, they estimate that S&P 500 funds will be forced to absorb 19% of SpaceX float within 6 months. Russell 1000 and Nasdaq 100 funds will absorb another whopping 24%. So, look, if you own an index fund, and most Americans do, you're about to own SpaceX whether you want to or not. And while you're a passive buyer with no choice, here's what the insiders are quietly doing. Insiders currently own 95% of all shares. The public float's just 5%. Those insiders are sitting on that they cannot sell into the open market. Most IPOs lock insiders up for 180 days. SpaceX, 60 days. 60 [ __ ] days after listing, 20% of eligible insider…