Post B6bnwJuxF1GINSY5dg by MissConstrue@mefi.social
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 (DIR) Post #B6bnwJuxF1GINSY5dg by MissConstrue@mefi.social
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       Y’all, we need to talk about upcoming #IPOs, and the insane rule changes that #nasdaq has just announced. Nasdaq rewrote its #index inclusion rules to accommodate #SpaceX’s mega-IPO, implementing a "Fast Entry" provision that allows the company to join the Nasdaq-100 index just 15 trading days after its initial public offering, down from the standard three-month seasoning period.  They also eliminated the minimum float requirement of 20% available public shares and instead stocks with less than 20% of shares publicly traded, Nasdaq applies a 3x multiplier to the free-float for index weighting purposes, artificially inflating low-float giants like SpaceX in passive funds. Ok, but in English? #SpaceX, #OpenAI and #Anthropic have just figured out a scam to force every passive #IRA, #401k, and index fund to buy their stock before pricing evaluation. They’ve figured out how to steal your #retirement.#AI #LLM #Scam #guillotines #YouWillOwnNothinghttps://www.businessinsider.com/spacex-ipo-s1-spcx-stock-nasdaq-qqq-elon-musk-2026-5