this post was submitted on 06 Jun 2026
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[–] avidamoeba@lemmy.ca 63 points 2 days ago (5 children)

Asset allocation funds might still include it. Your Vanguards and BlackRocks.

[–] tburkhol@slrpnk.net 56 points 2 days ago (1 children)

The very broad funds definitely will - VTI/VTSAX - but at lower weights and under less time pressure than the rigid index funds (VOO/VFIAX). That takes off a lot of the liquidity squeeze and (presumably) reduces their loss.

But you have to remember that people who use these funds intentionally invest in obvious losers and willingly overpay for hyped stocks because they believe, in the long run, that buying obvious losers is more than balanced by also buying the unexpected winners.

SpaceX is just the first time an oligarch tried so obviously to rig the passive investor structure to his favor, and I'm glad the S&P people didn't cave.

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[–] brickfrog@lemmy.dbzer0.com 10 points 2 days ago* (last edited 2 days ago)

The popular Vanguard ETFs will definitely have it, they do track CRSP and FTSE Russell (VT and VTI for example) - Both of which adopted fast track rules that will allow SpaceX to become eligible 5 days after the IPO. Unless Vanguard themselves decide not to include it in their portfolios (seems unlikely but you never know). I think Vanguard does have some funds specific to tracking S&P but that's not usually what people use Vanguard for.

e.g.

https://www.basenor.com/blogs/news/ftse-russell-fast-entry-rule-could-land-spacex-in-major-indexes-days-after-ipo

https://moneywise.com/news/top-stories/elon-musk-spacex-ipo-crsp-vti-ftse-russell-nasdaq-401k

That could lead to some interesting outcomes, how these funds look in 12 months could indeed be tied to which specific index(s) they are tracking.

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[–] krisevol@lemmus.org 12 points 2 days ago

They didn't block them, they just won't buy it until it has been on the market for a while

[–] MushuChupacabra@piefed.world 39 points 2 days ago
[–] mlg@lemmy.world 19 points 2 days ago

The only thing I'm gonna try investing in from this AI shitshow is China's CXMT RAM since they have a good chance of shanking both Nvidia and the RAM thug monopoly lol.

[–] lechekaflan@lemmy.world 13 points 2 days ago

Fatwa all those godawful techbros.

[–] mannycalavera@feddit.uk 21 points 2 days ago

Fuck Musk.

But let's be real they'll just wait the standard length for entry. No big deal for them. If he needs more funds I'm sure he can ask the US government again.

[–] meme_historian@lemmy.dbzer0.com 13 points 2 days ago

Oh thank god

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