Motley Fool Money · Saturday, July 11, 2026
A listener named Louis raised concerns about whether ETF holders are being "scammed" into buying expensive IPOs from companies like SpaceX, OpenAI, and Anthropic at peak valuations. He questioned if the reduced timeframe for these companies to enter the NASDAQ 100 index, down from 12 months to 15 trading days, exacerbates this issue.
“as etf holders are we forced buyers being scammed into picking up three of the most expensive ipos in history at peak valuations”
“nasdaq's new "fast entry" rule means megacap ipos join the nasdaq 100 after just 15 trading days”
“would we have had to wait a year after it goes into the index and at that point in theory the market settled on some sort of reasonable price”