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
    0·
    2 months 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.

    • lemonhead2@lemmy.worldOPEnglish
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      2 months 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

    • captainlezbian@lemmy.worldEnglish
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      2 months ago

      I recently switched a decent chunk to municipal bonds. It’s mostly because I want that money at a set time, but it’s also to ensure it’s safe through the pop