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SpaceX is going public soon. The company is valued at around 1.75 trillion. However, the insiders are keeping about 95 percent of the shares. They are only selling a very small amount to the public. Usually, big index funds like Vanguard and the S and P 500 have strict rules. They wait until a company proves it makes a profit. They also make sure there are enough shares available to buy. This stops the fund from driving the price up …
— ORIGINAL POST ·
Explaining who pressured FTSE Russell into changing their rules for the SpaceX IPO
· r/stocks
· Jun 1, 2026