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Comment by frasermarlow | Hacker News Reader

Remind me to come check this tracker after the SpaceXAI IPO.

Is there going to be any accountability to the people at NASDAQ who made this decision? Surely the big investors not on the inside of SpaceX must be mad about these shenanigans? Or is it all an insider's club, where each party is hoping for their own turn to make a big gift?

On that topic: this is both entertaining and scary, especially the bit that says they fast-tracked into the NASDAQ 100 so whether you like it or not you have to buy into Elon Musk's financial house of cards. https://www.youtube.com/watch?v=IHD8BDFYyGI

Naive question but you could move all your stuff out of NASDAQ before the IPO right? The downside is that you'd have to keep it out of NASDAQ until SPCX is finished cratering it?

There's a section in this article that offers some slightly different views on the IPO: https://rubbishtalk.com/world/dow-50k-2t-ipo-and-the-iran-de...

It make it more solidly clear how this really is an IPO for all 3 orgs: SpaceX, X, and xAI which helped me understand more of the video.

> The Launch segment posted $4.1 billion in revenue but a $657 million operating loss, driven by roughly $3 billion in Starship R&D — a deliberate strategic bet, not a distressed business.

All in all it reflects a ton of what the youtube video says though (I haven't finished the video though). It adds some color.

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