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.

  • TwiddleTwaddle@lemmy.blahaj.zoneEnglish
    3·
    11 hours 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.