So much for #HardWork! But what propelled him past the #trillion dollar #milestone? Your #410k #pension account! You didn't know? They didn't ask you!

#PensionAccounts are invested in #IndexFunds - usually a safe bet. But #Musk engineered a deal where #SpaceX becomes part of the index quite early. Combined with the high #valuation, that gives him access to a big chunk of the pension accounts.

So he get the #benefits, and you take the #risks!

Wait! What risks?
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How to Read an ETF Factsheet: The Numbers That Matter

Two ETFs on the exact same index can quietly diverge by thousands over a working life. The factsheet tells you which one is silently eroding your returns. Few investors open it.

#Etfs #Investing #IndexFunds #UKPersonalFinance

https://freedomisntfree.co.uk/articles/how-to-read-an-etf-factsheet?utm_source=mastodon&utm_medium=social&utm_campaign=how-to-read-an-etf-factsheet

How to Read an ETF Factsheet: The Numbers That Matter

OCF, tracking error, alpha, beta, Sharpe ratio - what the numbers on an ETF factsheet actually mean, and which ones matter most when choosing a fund.

Freedom Isn't Free
John Johnston (JJ) breaks down the news that Elon Musk’s SpaceX will need to grow 600x in 10 years to justify the $1.75 trillion IPO target valuation, and no company has ever come close to that. #SpaceX #IPO #delusional #thieves #IndexFunds #NASDAQ #scams #scammers youtube.com/watch?v=n4PD...

Elon's SpaceX HAS TO Grow Like...
Elon's SpaceX HAS TO Grow Like No Company Ever Has

YouTube
Your index fund is about to buy SpaceX whether you like it or not

Nasdaq rewrote its rules weeks before the biggest IPO in history. Here is who benefits, who absorbs the risk, and why the timing matters.

the spend
So when your investing in index funds (except S&P 500), you can't avoid SpaceX stock and the AI financial bubble it seems. It looks like they want to make the SpaceX stock too big and important to fail. We will see if it is enough when the inevitable financial bubble of AI will pop.
https://www.nytimes.com/2026/06/05/technology/spacex-indexes-401k.html?unlocked_article_code=1.oFA.EgSR.W-BscOT8hD0r&smid=nytcore-android-share
#spaceX #ipo #indexfunds #ai #stockmarket #economy
Why the SpaceX IPO Will Affect Your 401(k), Like It or Not

Elon Musk’s rocket company, on the cusp of the largest initial public offering ever, will soon end up in index funds after rule changes by Nasdaq and other index providers.

The New York Times

Shared by @JamesGosling on LinkedIn: https://youtu.be/sYA-z0Y8WRQ

The TL;DW is: if you're sitting on mostly passive funds and ETFs, even the "global" ones that are 60%+ US stocks and ~30%+ Big Tech, it may be time to start rebalancing your portfolio before SpaceX shareholders pump and dump this $1.75 trillion Matryoshka doll of unprofitable companies on you.

#Investing #ETFs #IndexFunds #Finance #Markets #BigTech #SpaceX

We Uncovered a Hidden Wealth Transfer in the SpaceX IPO. You're Holding the Bag.

YouTube

A Beginner's Guide to Investing in the UK

The financial industry wants you to think investing is complicated. Their salaries depend on you believing it. The 20-year proof that they're wrong is in their own data.

#Investing #Etfs #IndexFunds #UKPersonalFinance

https://freedomisntfree.co.uk/articles/beginners-guide-to-investing-uk?utm_source=mastodon&utm_medium=social&utm_campaign=beginners-guide-to-investing-uk

A Beginner's Guide to Investing in the UK

New to investing? This plain-English guide covers ETFs, building an investment thesis, ignoring FOMO, and starting small with pound-cost averaging.

Freedom Isn't Free
Experts sound alarm over Elon Musk's 'coup' that's 'about to rob your 401k'

Financial experts sounded the alarm Monday over what some have described as a financial “coup” being carried out by Elon Musk, Tesla’s CEO and fierce ally to President Donald Trump, one that could see tens of millions of Americans unknowingly prop up his unprofitable company SpaceX through their ret...

Raw Story

RE: https://mastodon.online/@mastodonmigration/116626145878189107

Now I need not write my own explainer why the #SpaceX #IPO is a bad deal all around and a pitfall for those with #NASDAQ #indexFunds .