With the IPOs of SpaceX (this Friday), OpenAI, and Anthropic, and them joining NASDAQ and FTSE's global index within a f...

With the IPOs of SpaceX (this Friday), OpenAI, and Anthropic, and them joining NASDAQ and FTSE's global index within a few days after their IPOs (and S&P and Dow Jones a year later), everyone who has invested in index funds, be it directly through ETFs or indirectly through their 401k and other retirement plans, will automatically sell about 5% of the shares they are currently holding, and buy shares from one of these three companies. All three IPOs will be, by far!, the largest IPOs in history.So, if you have $100 invested in a NASDAQ-indexed ETF, you will be selling $5 of the stocks you currently own (while everyone else is doing the same) and by $5 worth of Anthropic, SpaceX and OpenAI stocks (while everyone else is doing the same), automatically and predictably.2/4#ipo #finance #stocks #ai #openai #spacex #anthropic #401k #nasdaq #sp500 #dowjones