Thanks, but should I conclude you agree with my point?

Even if he did, it seems he would keep arguing regardless.

No, because after lockups expire in 6 months, SpaceX float would increase to 40-50% and it's float-adjusted weight would be >1% of S&P. This is assuming share prices remain unchanged, when they could go either way.

SpaceX at its current valuation places it as one of the 5 largest companies by market cap in the US.