> All three benchmarks are now structured to buy SpaceX at IPO pricing
S&P has not finalized a rule change yet.
Do you think it’s more or less likely that they will make the same change as the other benchmarks?
> Do you think it’s more or less likely that they will make the same change as the other benchmarks?
S&P has historically been more conservative. My personal guess is they won't adopt all of the proposals.
But you think they’ll adopt some of these proposals that are in the benefit of these companies IPOing at the expense of large funds?
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Are you actually optimistic?
> Are you actually optimistic?
Not particularly. When I posted the request for comment to HN it got crickets [1].
Not enough people care about this. And the "safe" option has kind of shifted with the other index providers having moved first. That said, there were a lot of proposals and I'm not expecting all of them to be adopted.