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.

  • mrgoosmoos@lemmy.caEnglish
    1·
    10 hours 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.