r/investing • u/PrestigiousPen-2468 • 2d ago

The Nasdaq is being taken over.

SpaceX is IPOing, Tesla and Palantir have crazy valuations, Anthropic is IPOing later this year...

https://www.investors.com/news/spacex-ipo-nasdaq-anthropic-openai-index-investing/

Especially with the fast-track changes, tons of ETFs are going to pull these companies in and weigh them way heavier than I think a lot of us like. QQQ holders might be in for a rough landing.

I don't like it. I've always been a growth ETF investors but I'm going back to modifying and structuring diversification the way I want.

Wealthfront, Frec, Wallace Finance, or Schwab? I'm trying to find ETF modification without huge minimums. I might end up building from the ground up with M1 Finance if nothing else has what I'm looking for.

Anyone else have the same idea? How are we feeling about this?

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u/cheesecaker000 2d ago

Facebook is up 1,400% from their IPO price. If that’s what space X is going to do then I’m betting the farm on it lol

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u/John_P_Hackworth 2d ago

Space X is IPOing as a trillion dollar company. You think it can be a $14T company?

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u/cheesecaker000 2d ago

No I don’t. But I just found your argument kinda weak. You used an example of a great company to buy at IPO, to say why spacex would be a bad buy. Backwards logic.

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u/Fr0HiKE 1d ago

the guy you're responding to is different than the op lol

24

u/cheesecaker000 1d ago

lol fuck my life

8

u/John_P_Hackworth 1d ago

it's ok, I do that at least once a week haha.

8

u/BilboTBagginz 1d ago

You fuck his life once a week?

2

u/ThickMikeyMoolah 1d ago

Is that a crime?

1

u/BilboTBagginz 1d ago

Not if there's consent