They waived profitability requirement and shoved SpaceX into major indices only 5 days after listing.
Normally takes 90 days.
Passive money and retirement accounts now locked in buying the top. Index advisors openly targeted 401k plans to cash out insane private valuations.
This sets off every other mega VC firm pumping fake numbers next.
Boomers and workers eat the full downside. Pure retirement raid dressed up as market update.
Bagholders funded.
Bubble protection complete.
Screw this rigged game.
This is quite infuriating. Index funds were clearly targeted by SpaceX IPO advisors and they succeeded accomplished their goal of bending the rules. This will now incentivize every private company to pump their private valuations to arbitrary number before going to public. Most…
— Shital Shah (@sytelus) May 29, 2026