Elon Musk's SpaceX is preparing for what could become the largest public listing in history, with a target valuation exceeding $1.75 trillion. While investors may focus on the IPO itself, the bigger development could be how quickly the company finds its way into widely held index funds.

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.

  • FlashMobOfOne@lemmy.worldEnglish
    9·
    13 hours ago

    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.

    • lemonhead2@lemmy.worldOPEnglish
      7·
      12 hours ago

      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

      • FlashMobOfOne@lemmy.worldEnglish
        1·
        12 hours 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.