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.
Our entire stock market is so captured this guy is literally ruining our future and greedy fucks want to give him a blank check to work his failed dream of ruling mars.
Why? Because people are gullible idiots!
People don’t have a choice. Their pensions will be forced to buy SpaceX at inflated IPO prices because Musk controls Nasdaq.
At least Denmark isn’t corrupt.
Unfortunately, it’s only one pension fund the article is referring to. I have another one, and they have not made any statements.
Most all pensions or 401Ks are using index funds of some sort. Nearly everyone is affected by this.