Press Space to continue
Curated tech posts from X on AI, startups, and product development—signal without the doomscroll, updated on weekdays.
Press Space to continue
Press Space to continue
SpaceX is about to price at $2 trillion and raise up to $75 billion. The biggest IPO in history was Aramco at $25.6 billion in 2019. SpaceX will triple the raise and exceed the valuation by $300 billion. The raise is the headline. The mechanical structure behind it changes the math for every US investor. When a $2 trillion company IPOs, Nasdaq-100 expedited inclusion rules kick in. SpaceX clears the size thresholds by a wide margin. Inclusion forces every index fund tracking the Nasdaq-100 to…