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Insights · Market Structure & Index Methodology

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  1. Index methodology divergence between free-float and full market-cap weighting creates fragmented passive capital flows, directly impacting liquidity and valuation multiples for mega-cap IPOs.

    Impact: Fund managers must adjust portfolio construction to account for automated passive inflows, preventing overexposure to low-liquidity, high-multiple assets.

    — from SpaceX IPO Valuation, Index Methodology, and Market Shifts · Alles auf Aktien – Die täglichen Finanzen-News· Jun 12, 2026