With the change to only five days of being publicly traded requirements, incentivising market makers to keep a high valuation becomes very cheap.

After five days the index funds have to buy at the last price making it final.

In other words even if the vast majority of the market believes it's worth much less, they can force a high price and force basically everyone to hold it via retirement funds.

> Apple? Dell? Workday?

How long after their IPOs were they added to the appropriate indexes? Did the rules change specifically for them?

WSJ article from February 2026 [1]:

> Musk advisers have reached out to major index providers seeking ways to secure earlier inclusion in market benchmarks to lift shares

> Advisers for the company, which recently merged with xAI, have reached out to major index providers, including Nasdaq, to discuss how SpaceX and this year’s other hot startups might join key indexes sooner than normal, according to people familiar with the matter.

> SpaceX hopes to skirt traditional rules in an effort to bring liquidity to its shareholders sooner as part of its planned IPO. SpaceX advisers have sought index policy changes that would fast-track its entry into major indexes for the company and benefit other highly-valued private companies, the people said.

This is simply not _companies being added to SP500, etc._ as you say. This is forceful change of the rules so these companies can reap benefits and it optics is that funds are being _forced_ to buy in.

[1] https://archive.is/es8U7

You've been missing important parts of the articles, or perhaps the ones you've seen aren't very informative. The concern is that SpaceX reached out to the indexes to get the rules changed (https://www.reuters.com/business/nasdaq-proposes-fast-entry-...); under the old rules, they would have had to wait much longer before being added. This doesn't prove anything wrong, but it's pretty suspicious, because why should SpaceX care if they are or are not in some particular list of stocks?

> Do you think people buying the SP 500 are forced to buy...

If it's an index fund, like the vast majority of pension/roth/etc funds, then yes, yes they are. It's literally the whole point of an index fund.

https://www.investopedia.com/terms/i/indexfund.asp

> For broad indexes like the S&P 500, it would be impractical or expensive for an investor to construct the right proportions in a portfolio. Index funds do the work by holding a representative sample of the securities. S&P 500 index funds, the most popular and oldest such funds in the U.S., mimic the moves of the stocks in the S&P 500, which covers about 80% of all U.S. equities by market cap.3

So while yes, people are parroting things they don't understand, so are you.

Do you understand that they literally changed the inclusion rules for SpaceX? Not even remotely comparable to Apple, Dell, or Workday.