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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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[–] 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.

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[–] 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.

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