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 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.

you are viewing a single comment's thread
view the rest of the comments
[–] 9 points 5 months ago* (3 children)

I've been thinking of taking profit and going into money markets / cash anyway for a while. This just makes me want to do it more. This market is crazy and, I don't know when it'll happen, but the continued growth despite all the craziness in the world and corruption just doesn't feel sustainable.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 3 child comments
    •
  • [–] [S] 7 points 5 months ago (1 child)

    im rebalancing down. I had a really aggressive position with retirement savings. but this growth is madness. im reducing my percent holding in tech, even though it's the fastest growing

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 1 child comment
    •
  • [–] 1 point 5 months ago

    Same.

    Aggression's made sense for several years now. The only major change I've made was rebalancing 30% into international holdings last year away from the US, after the rebound from the chaos the tariffs caused.

  • permalink
  • fedilink
  • source
  • parent