this post was submitted on 06 Jun 2026
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[–] avidamoeba@lemmy.ca 56 points 10 hours ago (5 children)

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

[–] tburkhol@slrpnk.net 47 points 10 hours 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.

[–] vatlark@lemmy.world 1 points 4 hours ago

This is good to hear.

[–] brickfrog@lemmy.dbzer0.com 10 points 7 hours ago* (last edited 7 hours 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.

[–] h0rnman@lemmy.dbzer0.com 3 points 6 hours ago

I'm not the most financially savvy person, but I'm wondering if they'll pass based on fiduciary duty rules. It would be pretty tough to prove violation for something like this, but the question is whether or not they even want to open themselves up to the possibility. I guess it depends on how close they think the bubble is to bursting and if they think they can justify the risk with potential earnings

[–] hopfi@lemmy.world 4 points 10 hours ago

You mean Vanguard and Blackrock ETF?

[–] NatakuNox@lemmy.world 2 points 10 hours ago

Might? Also, when other Ai companies are already counted in the S&P or would be redundant.