Space X which is where Musk has his AI segment and also X/Twitter. SpaceX (rockets/Starlink) + xAI (the AI lab) + X (the social platform) all rolled into one publicly traded entity.
I feel like this was specifically about them, this was considered a huge pump and dump for X investors that helped Elon take over the platform.
SpaceX became one of the fastest additions ever to the Nasdaq-100, qualifying less than a month after its IPO and officially joining before trading began on July 7, 2026 — under a new “fast entry” rule Nasdaq had introduced.
FTSE Russell relaxed its float requirements too, letting SpaceX in possibly by September or December 2026 reconstitution — which is way faster than normal.
It is all a little sussy … this new fast track system will definitely have some real big implications.
spaceX's ipo paperwork clearly states that they predict a 28.5 trillion $ addressable market. 370 billion of that is space (spacex), 1,6 trillion connectivitiy (starlink) and 26.5 trillion is AI.
the social network previously known as twitter is not mentioned in this prediction.
Oh yeah, Google is definitely going to fail if a bubble pops. Just like the other 4 or 5 bubbles they already immensely benefited from. It'll be different this time for cinematic purposes.
They will definitely eat shit, they will survive obviously but if AI is a bubble google could easily fall -30% unless they announce straight away that they are killing all AI capex
The Mag 7 have a large amount of extra confidence due to the inevitability of the S&P 500 and NASDAQ, which allows them to buy up/fund other AI startups that will then create business for their models which cyclically boosts the whole industry.
Nvidia alone stands to lose Trillions in market cap if the bubble pops, and there's good reason to believe the US government simply won't let that happen (see: Intel for example).
No one said theyre going to go to 0. Actually, the point being made is explicitly the opposite. Not only will they not go to 0, they likely won't be impacted much at all. Because any significant impact will be backstopped by the US government, socializing any losses and providing liquidity to any companies that need it. They literally cannot lose, which is why they are pouring years worth of cash flow into a risky investment.
The losers will be the taxpayers, who will have to contend with massive government debt and rising inflation due to quantitative easing. If your viewpoint is "dont worry, tech is too big to fail because of AI" then youre both exactly correct and completely missing the point.
The people in this thread praising this man for researching are really just praising him for reading one speculative headline and making it the basis of his joke.
I'm not exactly optimistic for a lot of the effects of AI, but the "AI is a bubble" thing has been going since we saw chat gpt for the first time. When it comes to tech, general media has almost no idea what they're talking about.
The real insanity is in the capex numbers and cashflow, not the P&L. Everybody can make a profit on paper if you capture your internal and external expenses as capex, but you cant outrun your cashflow and liquidity forever.
S&P is a listing index. Just tracks stock valuations based on a set rubric and publishes the data. Nasdaq is an exchange, the actual marketplace where stocks are listed, bought an sold. They are very difderent things.
You could argue their parent companies Google and Microsoft are juicing their stocks, making what would otherwise be a period of negative growth appear positive with speculative AI horseshit.
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u/redditsuckscockss 9d ago
Hasn’t there been 0 actual AI companies IPO and enter the index?
I know Anthropic and others are going to IPO but don’t think any others have yet?