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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 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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[–] 38 points 5 months ago (-1 children)

Our entire stock market is so captured this guy is literally ruining our future and greedy fucks want to give him a blank check to work his failed dream of ruling mars.

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    [–] 23 points 5 months ago (3 children)

    Why? Because people are gullible idiots!

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  • [–] 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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    • [–] 18 points 5 months ago (8 children)

    So tempted to dump my index funds for the short term, but that’s just me throwing a dart against a wall.

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  • [–] 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.

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  • [–] [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

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  • [–] 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.

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  • [–] 3 points 5 months ago

    Some (although inexplicably not all) small cap value funds dont include the mega cap tech companies at all in their indexes. Going extremely heavy small cap value could get you a portfolio without any exposure to these criminals, depending on the options available through your manager. That may make for a more sound financial strategy than pulling everything out of the market entirely.

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  • [–] [S] 1 point 5 months ago*

    there are some brokers that let u pick your own allocations and directly buy the stocks not the index. but minimum is high iirc. also they don't tell you the exact algorithm/allocations which makes me uncomfortable

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  • [–] 1 point 5 months ago

    I'm gonna ride this one out because how much is it going to matter to me in ten years, but if I had time and were more prepared I'd probably be rebalancing and then taking like half my funds that would hold this and selling to buy the major underlying holdings directly. even if just to make a point with what comparatively little money I have.

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    • [–] 12 points 5 months ago

    https://pivot-to-ai.com/2026/05/28/the-spacex-ipo-works-like-a-crypto-fraud-but-with-ai/

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