Elon Musk's SpaceX is preparing for what could become the largest public listing in history, with a target valuation exceeding $1.75 trillion. While investors may focus on the IPO itself, the bigger development could be how quickly the company finds its way into widely held index funds.

Elon Musk’s SpaceX is preparing for a $1.75 trillion IPO that could place the company in major index funds within days. Changes to long-standing index rules may bring the stock into retirement portfolios far sooner than many investors expect.

  • P1nkman@lemmy.worldEnglish
    7·
    1 month ago

    Unfortunately, it’s only one pension fund the article is referring to. I have another one, and they have not made any statements.

    • deranger@sh.itjust.works
      English
      3·
      1 month ago

      Most all pensions or 401Ks are using index funds of some sort. Nearly everyone is affected by this.