this post was submitted on 01 Jun 2026
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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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[–] FlashMobOfOne@lemmy.world 9 points 1 week ago* (last edited 1 week ago) (2 children)

I've been thinking of taking profit and going into money markets / cash anyway for a while. This just makes me want to do it more. This market is crazy and, I don't know when it'll happen, but the continued growth despite all the craziness in the world and corruption just doesn't feel sustainable.

[–] captainlezbian@lemmy.world 2 points 6 days ago

I recently switched a decent chunk to municipal bonds. It's mostly because I want that money at a set time, but it's also to ensure it's safe through the pop

[–] lemonhead2@lemmy.world 7 points 1 week 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

[–] FlashMobOfOne@lemmy.world 1 points 1 week 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.