Everyone is selling to get into the SpaceX IPO btw.
>>62320318What happens when spacex rugs on day 1?
>>62320365Americans are forced to buy it trough nasdaq and pension funds lmao
>>62320365spacex will enter index funds immediately per new rulesso I'll buy it through your 401k contributions
>>62320318no they're selling because saylor is rekt
>>62320418upper middle class europeans invest hundreds of billions in the S&P 500 every year, a problem so big it was highlighted in that infamous draghi reportEuropeans love to do this shit but when it's time to actually invest their money instead of shitposting online they throw everything they have at US capital markets, curiouswhy do europeans behave this way?
Bagholder migration.
>>62320458Europeans are slowly diversifying into europe too though.
>>62320436not so fast , thats cancelled now
>>62320318I DID IT PETER
>>62320318This is going to be epic, generations will remember The Great Rugpull and they are going to study and try to comprehend how people fell for this scam from an autistic retard.
>>62322892The exchanges are in on it too, it’s not just Elon Winning here
>>62322845by S&P, mercifully, yup.not NASDAQ (and various other trash indices) tho, which means automagic purchase of this shite from ETF's like QQQ, QQQM, yadda. No matter how much it stinks. Its a systematic flaw that is now being actively exploited for exit liquidity.
>>62322845Only the S&P 500 inclusion, not the Nasdaq-100 one
>>62322840>>62320458>>62320418I work for a European bank in one of the cuckiest countries and they're big on performative virtue signaling.They say the USA is a high risk country because of Trump. Nobody can take business trips to America. If you go for any reason you can't bring your corporate phone or laptop.But 95% of their assets, over 300 billion euros, is invested in U.S. exchange traded corporations. Their largest holding is Nvidia.
>>62322973Do you really think exchanges care? they make their pocket out of (YOUR) pocket, with fees and other jewishries.
>>62322892>how people fell for this scamThere was nothing to fall for, they were forced into it every step of the way. The only alternative was eating a diminished lifestyle in the hopes that you were right and everyone around you was wrong.
>>62323419I mean, there are retards especially on this board that want to buy the IPO in the hopes they will be smart enough to scalp and profitinb4 no, they won't kek