Ryan Mac

And he's building on that to attract retail investors here and build this hype.

You know, he is always on Twitter, for example, or on X these days, tweeting and building essentially a community of people, of fans, of folks that are just interested in his companies and in him.

And he wants to give those people an opportunity to invest because once this thing IPOs, it's going to need shareholders to sustain it and to own it and to continue investing in it.

Correct.

But even if you don't want to own SpaceX shares or if you avoid this IPO, you may essentially end up owning a part of SpaceX indirectly.

So like many Americans, you and I have investments in retirement funds.

And these retirement funds are often invested in index funds, which are a collection of companies and stocks

that are meant to mirror American industry.

So for example, the NASDAQ 100 is a collection of 100 companies and their stocks trade publicly.

And so you may own a chunk of the NASDAQ 100.

The NASDAQ 100 is relaxing its rules to allow for SpaceX to enter the index a lot more quickly than in the past.

Typically what happens is that when a company goes public,

Its stock needs about three months on the public market for a cooling off period.

And that's because there's fluctuations in stock prices.

You kind of want to see where investors settle out with the stock, if it goes up or down.

And after that three months, typically you get the thumbs up and you get to enter the index.

What's happening here instead is that after just 15 days of trading with SpaceX, so 15 days after the IPO, SpaceX will be added to the NASDAQ 100 and essentially force the funds that trade off the NASDAQ 100 to buy shares of the company, to mirror essentially what's in the index.

What that does for SpaceX is that it gives the company way more money and way more investors to work with.

So you're essentially getting access to billions of dollars that you wouldn't necessarily have access to.

And, you know, shareholders that are already going to own your stock because of this index opportunity.