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S&P 500

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Your 401(k) may soon ride on SpaceX's valuation, whether you want it or not (theguardian.com)

"What exactly can an individual do?" asked the thread. Many 401(k)s offer only a handful of funds; once the indexes add SpaceX, you're exposed unless you flee to value or international funds — or short the stock, which most people won't.

One sharp correction undercut the panic: SpaceX hasn't been added to the S&P 500. It asked for the rules to be waived; S&P said no. The exposure is coming, but it isn't here yet.

📈Biz ★ 195 · 💬 112 · Jun 20 · #economy#markets#space#Elon Musk#S&P 500#SpaceX+1