Eric Balchunas

Which is a whole other interesting thing that's going to happen with all the SPVs and all the Russian doll…

Like how many versions of this SPV is investing on someone else's balance sheet.

But like I…

I feel like it's so obvious that that should be the market top that it probably won't be.

It should be.

It's poetic.

If you get a trillion and change dollar IPO from Elon Musk and that is the last day, then as that goes up for the year, it would make perfect sense to me.

Yeah, 2% sleeve in SpaceX.

And for the listener, just the controversy that you're describing, SpaceX got some sort of a guarantee by the index provider.

How did this whole thing go down?

I think it had a vote and it said like, yeah, this is NASDAQ.

Yeah.

So NASDAQ said to SpaceX, if you go public on our exchange,

We'll include you in the NASDAQ 100?

Now, why is it so important to SpaceX to be included in the index that quickly?

Can I ask you a tangential question to that?

Michael and I noticed this and I...

I didn't bother clotting it.

So you'll be my clot.

Why all of a sudden are there these competing NASDAQ 100 funds coming out?