The S&P 500 already made a big call on SpaceX stock and index fund investors need to know it (opens in new tab)

Covered by Space Daily

The S&P 500 index, where trillions in retirement savings are invested, said no to the SpaceX IPO, the biggest in history. Here's what that means for portfolios.

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Space Daily·

SpaceX is being fast-tracked into major stock indexes that sit inside retirement accounts and passive funds — meaning millions of ordinary investors may soon own a slice of Elon Musk’s rocket company without ever choosing the stock directly, and perhaps without realizing it.