@bloombergbusiness: New York City Comptroller Mark Levine discussed the fast-tracking of SpaceX's inclusion into major indexes such as MSCI Global Standard and FTSE Russell, highlighting concerns about the abandonment of traditional criteria like seasoning periods and earnings track records. Levine emphasized the unprecedented governance structure of SpaceX, where a single individual holds dominant control with limited shareholder rights and no independent board oversight. #IPO #business #SpaceX #investing #finance
SpaceX might be the worst possible investment for retail investors in well over a decade
2026-06-15 17:53:08
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danksportscards :
10 years from now the government says “we need to bailout spacex it’s too big”
2026-06-15 19:11:35
16
Money Simplified :
SpaceX is incredible. That doesn't automatically make it a great public investment.
2026-06-15 19:51:45
2
kburgers2023 :
how else are the rich supposed to sell their positions and make profit without forcing the retail investors and retirement funds to pick up their tab?
2026-06-15 17:08:08
48
user4479100077449 :
Move to S&P 500
2026-06-15 18:57:35
10
Boomerzumquadrat :
Rightly worried, it's not just NASDAQ and the Russel but also MSCI who fast tracked this stock by the way.
2026-06-15 16:50:46
15
I Love Ohio :
Elon is not a founder. He was a major investor.
2026-06-15 19:25:55
2
Jo :
if you don't like how index funds are deciding on their stock pick then why can't you choose another index fund or create your own?
2026-06-15 19:51:09
0
FunWithMusic :
So buy different funds.
2026-06-15 16:55:52
8
TheDeeshDoctrine :
It is just like crypto. We can all make money for sometime but it can crash anytime
2026-06-15 18:57:35
5
ThanksN00bN00b :
Finally someone in power is speaking up.
2026-06-15 19:11:10
3
Jesus :
How is this not screaming coin short to everyone
2026-06-15 19:20:26
2
Oodsigma :
Hopefully their is someone finding away to sue the places that ignored their normal rules and fast tracked it
2026-06-15 19:09:54
2
Sharks Trend Trading 🦈 :
Fast-tracking an inclusion while bypassing traditional criteria like seasoning periods and earnings track records is a massive reality check on how index fund parameters are evolving.
2026-06-15 16:42:58
7
ineedJesus :
I met this dude on a gondola on Ajax in Aspen. It was a very long time ago, but I remember him.
2026-06-15 19:13:14
2
chungchungster :
I DON'T WANT MY 401K TO INVEST IN SPACEX PONZIE SCHEME
2026-06-15 18:17:53
6
nordien19780 :
he has the knowledge to know they are major bag holders because of indexing.
2026-06-15 18:09:31
2
Deszo :
NASA was wasting money, but space x isn’t. The same nasa that shares its advancements with the government and US since its inception btw
2026-06-15 19:23:23
0
velcroprojector :
not 100 P/E because earnings are negative. it's 100 P/S ratio which is far far worse 😅
2026-06-15 17:41:20
6
Derektok :
He is getting capital for his next big company. It will be bigger than Tesla, SpaceX and X. The question is, what new field will it be. Power/Thrust generation, water desalination, tissue generation
2026-06-15 16:55:34
6
Anna :
Lol . I am not tired of WINNING .. #SPCX
2026-06-15 17:54:12
1
Foo Bar :
so much for the free market
2026-06-15 18:04:16
2
First day!?Seems like it.. :
private earnings at the public cost
2026-06-15 19:30:15
2
Jeffery David :
It’s awesome
2026-06-15 19:16:14
1
ejsmac :
uh hmm
2026-06-15 17:41:07
1
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