▲ 90 ▼ SpaceX IPO explained: Why Elon Musk's $1.75 trillion company could soon appear in popular index funds (www.indiatimes.com) submitted 5 months ago by lemonhead2@lemmy.world to c/technology@lemmy.world 14 comments fedilink hide all child comments 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.
[–] amateurcrastinator@lemmy.world 23 points 5 months ago (3 children) Why? Because people are gullible idiots! permalink fedilink source hideshow 3 child comments replies: [–] Blue_Morpho@lemmy.world 38 points 5 months ago (2 children) People don't have a choice. Their pensions will be forced to buy SpaceX at inflated IPO prices because Musk controls Nasdaq. At least Denmark isn't corrupt. https://www.reuters.com/legal/transactional/danish-pension-fund-excludes-spacex-citing-governance-valuation-2026-05-29/ permalink fedilink source parent hideshow 2 child comments replies: [–] P1nkman@lemmy.world 7 points 5 months ago (1 child) Unfortunately, it's only one pension fund the article is referring to. I have another one, and they have not made any statements. permalink fedilink source parent hideshow 1 child comment replies: [–] deranger@sh.itjust.works 3 points 5 months ago Most all pensions or 401Ks are using index funds of some sort. Nearly everyone is affected by this. permalink fedilink source parent
[–] Blue_Morpho@lemmy.world 38 points 5 months ago (2 children) People don't have a choice. Their pensions will be forced to buy SpaceX at inflated IPO prices because Musk controls Nasdaq. At least Denmark isn't corrupt. https://www.reuters.com/legal/transactional/danish-pension-fund-excludes-spacex-citing-governance-valuation-2026-05-29/ permalink fedilink source parent hideshow 2 child comments replies: [–] P1nkman@lemmy.world 7 points 5 months ago (1 child) Unfortunately, it's only one pension fund the article is referring to. I have another one, and they have not made any statements. permalink fedilink source parent hideshow 1 child comment replies: [–] deranger@sh.itjust.works 3 points 5 months ago Most all pensions or 401Ks are using index funds of some sort. Nearly everyone is affected by this. permalink fedilink source parent
[–] P1nkman@lemmy.world 7 points 5 months ago (1 child) Unfortunately, it's only one pension fund the article is referring to. I have another one, and they have not made any statements. permalink fedilink source parent hideshow 1 child comment replies: [–] deranger@sh.itjust.works 3 points 5 months ago Most all pensions or 401Ks are using index funds of some sort. Nearly everyone is affected by this. permalink fedilink source parent
[–] deranger@sh.itjust.works 3 points 5 months ago Most all pensions or 401Ks are using index funds of some sort. Nearly everyone is affected by this. permalink fedilink source parent