Of course Mr. Musk, oh yes Mr. musk, your desires are commands Mr. Musk........
🤮

"Crucially, the company will be entirely exempt from the standard seasoning and liquidity requirements."

"So, on Day 15, passive Nasdaq-100 ETFs (like the QQQ) and mutual funds are mathematically forced to buy allocations of this stock as if it were, in the 5% example, a $438 billion company."

“If you’re playing a poker game and you look around the table and can’t tell who the sucker is, it’s you.” - Paul Newman

https://keubiko.substack.com/p/nasdaqs-shame

#nasdaq #nasdaq100 #spacex #ipo #marketmanipulation #sp500 #stocks

Nasdaq's Shame

How to rig an index to appease a billionaire

Keubiko’s Musings