u/EmeraldGreene

Am I paranoid, or is this a legitimate concern?

I just watched this video about the SpaceX IPO, which details how the Nasdaq has created fast entry rules for new companies to skip the standard 3 month evaluation phase to just 15 days.

From my understanding, SpaceX investors / Musk, can sell at such a high valuation that they would be basically stealing from people who are invested in the market.

This has left me concerned about the exposure of my Super / retirement savings.

I'm not fluent in finance, am I over-reacting?