tldr: they are trying hard to change S&P500 inclusion rules so that they dont have to wait 12months after going public so they can list mega-ipo asap in force index funds to buy a portion (presumably before revenue exponential growth settles and profits start tanking due to opensource catching up). They know something that we dont.
btw if they are public and part of S&P500 then potentially they'll be a candidate for a bailout.
tldr: they are trying hard to change S&P500 inclusion rules so that they dont have to wait 12months after going public so they can list mega-ipo asap in force index funds to buy a portion (presumably before revenue exponential growth settles and profits start tanking due to opensource catching up). They know something that we dont.
btw if they are public and part of S&P500 then potentially they'll be a candidate for a bailout.