Understanding the SpaceX IPO MegaCap Squeeze - Automatic Cornering

You can think about it as an automatic 'corner', with retail index funds supplying the capital.

SpaceX will not be very liquid due to a small float, BUT due to index fund rule changes, indexes will be forced to buy, effectively 'cornering' the market and keeping the price artificially high.

This corner continues as insiders dump their shares and indexes are required to buy more of this illiquid stock.

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#SpaceX #SpaceXIPO

** IT’S HERE! FRIDAY NIGHT MUSIC THREAD ON #MastodonMusic **

Tonight's theme is:

🎬🎵😂 DON’T QUIT YOUR DAY JOB 😂🎵🎬

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🎵 Post music made by people absolutely totally 100% not known for making music along with what you’re drinking! 🎶
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Score:
• 10 points: not terrible
• 15 points: so bad it’s good
• 20 points: charted
• 30 points: launched an accidental career

🍷 Party All the Time - Eddie Murphy + Malibu Rum & Pineapple🍸20 pts

Post often • share • make some friends

Student: “So Elon Musk is a trillionaire?”
Me: “Yup.”
Student: “How did he get that much money?”
Me: “Well, he doesn’t really have a trillion dollars cash. He just owns a lot of stock in companies that are valued at a trillion dollars.”
Student: “So those companies make huge profits?”
Me: “Oh gosh no. They all lose billions of dollars a year. All of them. Huge losses.”

The Economist headline: “Gen Z Mysteriously Hates Capitalism and No One Can Figure Out Why.”

RE: https://mastodon.social/@tusk81/116698249047263202

“This is the banality of evil,” said Carolina Migrant Network lawyer Becca O’Neill. “All of this is so normalized and bizarre. Just a boilerplate order: he didn’t come to court, he didn’t demonstrate good cause. Well, he’s dead. And you know that bc you saw a gov’t website saying that he’s dead.”

“The rule is catastrophic💔-means that cancer patients, incl those in active treatment, could be forced to work the same# of hours as a healthy person -regardless of whether that’s physically poss, just to keep the #health insur coverage *rely on to stay alive.”

+Limits patients’ ability to attest: qualify for their exmp.

Since the #Medicaid rule doesn’t take effect until July 31, 2026 -still time for the admin to correct it...

Rs' #cruelty➡️beyond the pale.
#BBB #USPol
https://www.statnews.com/2026/06/04/medicaid-work-requirements-final-rule-cancer-patients/

Holy crap

#Trump officials planned to mark 2.7 million #living people as #dead — including some #US #citizens & lawful permanent residents — #whistleblower claims

A former #SocialSecurity executive said the plan, which was not carried out, would have used a death database to pressure #immigrants to leave the country.

#law #immigration #SSA #fraud #HumanRights #CivilRights #DOGE #ElonMusk #WhiteSupremacy
https://www.washingtonpost.com/politics/2026/06/05/doge-planned-falsely-mark-27-million-people-dead-whistleblower-says/