- cross-posted to:
- gaming@lemmy.zip
- cross-posted to:
- gaming@lemmy.zip
Cartel member creating the crisis let’s us know the manufactured crisis will continue until the bubble crashes.
Cartel member creating the crisis let’s us know the manufactured crisis will continue until the bubble crashes.
Anthropic will likely do the same trick Musk did to shift his debt onto the public- They’ll get instant inclusion into the S&P500 which requires pension funds and index funds held by everyone with a 401K to buy their stock.
SpaceX didnt get into SP500
Yeah, the trick was only with the NASDAQ 100 as the SP500 ended up saying no to changing their index rules to allow inclusion of SpaceX stock so shortly after IPO.
The point however does stand for people whose pension and index funds are invested in or follow the NASDAQ 100 index as what was predict would happen to the value of those shares after IPO (and the reason why the indice before did not include stock so shortly after IPO) happened: the price spiked immediatelly after IPO just as the funds tracking the indice were forced to buy that stock, quickly collapsed afterwards and is still now below even IPO price (and well below the post IPO price spike).
It’ll be harder, part of how Musk pulled that grift is by tying it into spacex and pointing at actual launches and things. It will be a lot harder for anthropic to do that with only one core business.