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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

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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.

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[–] 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/

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