this post was submitted on 01 Jun 2026
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56
SpaceX IPO explained: Why Elon Musk's $1.75 trillion company could soon appear in popular index funds (www.indiatimes.com)
submitted 9 hours ago by lemonhead2@lemmy.world to c/technology@lemmy.world
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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.

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[โ€“] lemonhead2@lemmy.world 5 points 5 hours ago (1 children)

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

[โ€“] FlashMobOfOne@lemmy.world 1 points 5 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.