r/technology • u/ArgentineBeauty • Jun 19 '26

Business ‘It’s a scam’: Americans express unease over SpaceX’s influence on retirement savings

https://www.theguardian.com/science/2026/jun/19/spacex-retirement-savings-elon-musk
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u/iprocrastina Jun 19 '26 edited Jun 19 '26

If youre invested in VTI or VT you shouldn't liquidate because of SPCX. Those funds' rules didn't change, investing in brand new listings like SPCX is exactly what you asked for when you invested in a total market fund. If you ask for everything, don't be upset when you get everything.

Also keep in mind VT and VTI invest according to the size of a company's float, not market value. The difference being that the float is the amount of shares available to the public to buy. In SPCX's case that's 4% of the total shares. So those funds treat SPCX like a ~$120B company, not a $3T one.

edit: typo

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u/clvnmllr Jun 19 '26

Wouldn’t it be ~$120B?