Ryan Mac

That's a great question.

I think it's a bit of both.

For Musk and SpaceX, they get access to a lot of capital, billions of dollars worth, that they wouldn't have had access to without these rule changes, or they would have had to wait much longer to get access to that.

For the indexes, there is a fear of missing out here, a FOMO that they could be missing out on these potential gains for their investors in this kind of once-in-a-lifetime IPO.

And that has frightened a lot of experts.

I talked to one, for example, who said, it's like creating rules for football.

And right before you get to the Super Bowl,

you throw some of those rules out the window.

You know, you've created these rules of the road here that have simply been eliminated at this kind of monumental event.

I think when numbers go up, everyone is happy.

Everyone gets to celebrate and take part in the win.

But there's no guarantee that this necessarily goes up.

And what happens if shares start to fall after the first couple of days of trading?

You mentioned Google there.

But I think of something like Facebook when it went public and the trials and tribulations it faced.

Its stock went down shortly thereafter.

Of course, it's gone up many times over since that time.

But in those first early days of trading, there were a lot of questions.

If SpaceX doesn't hit its milestones or some of these very pie-in-the-sky goals that Elon Musk has set out for the company...

you may have a lot of investors asking, why was this allowed?