Comment by grey-area
3 days ago
The public that buys the stock at ipo at this inflated valuation and unwittingly buys indexes which include it (as with spacex).
3 days ago
The public that buys the stock at ipo at this inflated valuation and unwittingly buys indexes which include it (as with spacex).
All of this is public info though, and pretty well publicized at that.
Does collusion require privacy? You can collude in public if you want.