Post by Cernovich on X
Cernovich@Cernovich
XFor SpaceX, yes, but if this is the rule for OpenAI and other unproven companies, then it’s a wealth transfer from retail investors who index into the S&P 500 and is a pure giveaway to Anthropic and OpenAi insiders, as retail would be FORCED to buy at inflated valuations.
376 likes19 repliesPosted May 29, 2026