Comment Comment by jpmattia > and they get to join the index next year without a rule change.You seem to have ignored the 50% float rule. SpaceX is proposing to go public with about 5% of the float, but S&P requires 50%.Do we think that the market will absorb the release of 45% of the shares? I'm dubious. parent jpmattia 4 months ago
You seem to have ignored the 50% float rule. SpaceX is proposing to go public with about 5% of the float, but S&P requires 50%.
Do we think that the market will absorb the release of 45% of the shares? I'm dubious.