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SpaceX’s Wall Street Surge and Index Impact
Description
SpaceX just shattered Wall Street with a $2.1 trillion valuation, its stock soaring 20% on debut—now rivaling giants like Exxon and Bank of America. If it stays in the index, millions of retirement accounts could automatically invest in it, thanks to the massive, passive money flowing into index funds. But not all indexes are welcoming—S&P 500 rules bar SpaceX due to recent losses and Elon Musk’s control, sparking pension fund concerns. The Nasdaq, however, is racing to include it, making this a pivotal moment for how we invest—and what ends up in your 401(k).
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