Comment by ywvcbk

> There is plenty of money in the market

Their float will be very small so yes, the value of their shares that anyone could buy at even the most optimistic valuations would be tiny compared to most public megacaps.

> Btw I don’t really know how index funds work, but if they need to track the index as closely as possible, they will all have to buy those stocks on a certain day, no?

S&P wouldn't include them until they became profitable and even if they did they wouldn't even be in the top 20.