>Yes it can, since they changed the rules to force over $30 trillion in passive 401k and retirement money to buy SpaceX at IPO valuations.
Why not just say SpaceX is being added to the SP500?
You can complain about the discretion to add it to the SP500. But that's irrelevant in terms of whether or not its "forcing" people to invest in it. Arent you upset people are forced to invest in Apple, Bank of America, etc.?
They should have to float on the market for a certain amount of time before being added to any index. This would reveal what the market value of the stocks actually is.
"Why don't you just say that this store is selling pants that smell of poop, it's irrelevant that someone pooped in them because they also sell other pants that no one pooped in. Aren't you upset that they also sell you pants without poop in them?"