Sean Russo
👤 SpeakerAppearances Over Time
Podcast Appearances
See, look at this guy.
Look at John's charts.
We can skip it.
This is just a return for software.
It's basic.
It is basic.
I don't have the numbers on hand, but if you float adjust SpaceX's inclusion into, I think the S&P 500 was like, what did Callie Cox say today?
Around 197th in terms of market cap in the S&P.
So if you float adjust a lot of these, like if you're a $2 trillion company, you don't just get to vault immediately to the top of the index.
There's an inclusion period.
What are they called?
A baking period?
A seasoning period.
And that's going to take some time.
That was my quote.
And actually, I'd be interested to get your take, because Matt and I are unencumbered with some of this IPO stuff.
So I'd be interested to hear what you think.
This was Matt Levine yesterday on the SpaceX situation.
He said, you can't overstate this.