SpaceX gets stuck in the airlock as S&P slams the hatch
For months, Wall Street had been treating SpaceX’s eventual S&P 500 inclusion as a foregone conclusion. The assumption was simple. Launch the largest IPO in history, wait six months, then stand back as an estimated $14 billion wave of passive money flooded into the stock.
For months, Wall Street had been treating SpaceX’s eventual S&P 500 inclusion as a foregone conclusion. The assumption was simple. Launch the largest IPO in history, wait six months, then stand back as an estimated $14 billion wave of passive money flooded into the stock.
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