Erik Jonker1d ago
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
Show threadNick Appleyard
@ErikJonker
But do people understand this well enough to dump the index funds from their pensions before it’s too late?
I think it’s only #NASDAQ which should be expunged. #S&P500 for the time being will not be listing #SpaceX.
Jun 6 at 7:52amWeb