* Egg of Columbus: https://en.wikipedia.org/wiki/Egg_of_Columbus
Many seem to also be doing this with androids around the time he started talking about them, hence how we can buy them and put them to work even though Optimus still hasn't launched yet.
The concern is ~80% that a brand new stock enters the market & immediately has to be bought by everyone. The market has no time to adjust & settle.
This is fleecing everyone & it's entirely unclear under what madness this would ever have been considered.
There's so many irregularities and abnormalities being considered here, and all of them seem like pretty straightforward safeguards. It feels like nothing short of a conspiracy that so many norms would be pushed aside to consider listing spacex so quickly in so many indexes. "The proposal could also remove the minimum Investable Weight Factor requirement for megacap companies." For fuck sake! https://x.com/Benzinga/status/2050244492335206911
They also aren't just the rocket and satellite company any more, but include Twitter and xAI, both of which would contribute heavy losses.
Guess we'll find out soon enough!