A forecast of the fair market value of SpaceX's businesses

https://futuresearch.ai/spacex-ipo-valuation/

A $1.75 Trillion IPO Would Be Overpaying 30% for SpaceX

A sum-of-the-parts forecast of SpaceX's fair market value across seven business segments. The $1.75 trillion IPO target is approximately 29% above the median fair value of $1.25 trillion.

FutureSearch

An passive investors are going to get hosed by this thanks to NASDAQ cooking the rules to favor Elon and his band of misfits.

No longer will there be a year of price discovery for index funds, 15 days. Meaning index funds have to buy it at the peak of the hype cycle. Will be a huge wealth transfer from mom and pop retirement accounts to the ultra wealthy.

> An passive investors are going to get hosed by this thanks to NASDAQ cooking the rules

I’m genuinely confused how a passive investor winds up tracking the NASDAQ 100 versus a broader index.

Also, if you’re picking and choosing your exposures, you aren’t passive.