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A comment on Google will pay SpaceX $920M per month for compute. Parent comment

Re:Google will pay SpaceX $920M per month for compute by ambicapter on Saturday June 06, 2026 @03:18PM (#48428035)
> buyers decide the prices they'll buy at.

Not if they're index funds. They buy at the price it is, until they've satisfied their holdings represent the appropriate share of the market. Which, pre-IPO and early-days-after-IPO, is likely to not be accurate to the long-term price.

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Re:Google will pay SpaceX $920M per month for compute by l23k4 on Saturday June 06, 2026 @03:21PM (#48428059)
Index funds don't buy at any "asking price" set by SpaceX.
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Re:Google will pay SpaceX $920M per month for compute by kylecordes on Saturday June 06, 2026 @04:55PM (#48428914)
This, of course, is why it's wise to wait a while after an IPO for the market to figure out how it values a new stock before it joins the index.
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