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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[–] mracton@piefed.social 14 points 1 day ago (5 children)

So tempted to dump my index funds for the short term, but that’s just me throwing a dart against a wall.

[–] FlashMobOfOne@lemmy.world 7 points 1 day ago* (last edited 1 day 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 23 hours 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 6 points 1 day 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 day 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.

There are already green index funds, hopefully we will see anti AI and anti billionaire index funds soon.

Some (although inexplicably not all) small cap value funds dont include the mega cap tech companies at all in their indexes. Going extremely heavy small cap value could get you a portfolio without any exposure to these criminals, depending on the options available through your manager. That may make for a more sound financial strategy than pulling everything out of the market entirely.

[–] mrgoosmoos@lemmy.ca 1 points 1 day ago

I'm gonna ride this one out because how much is it going to matter to me in ten years, but if I had time and were more prepared I'd probably be rebalancing and then taking like half my funds that would hold this and selling to buy the major underlying holdings directly. even if just to make a point with what comparatively little money I have.

[–] lemonhead2@lemmy.world 1 points 1 day ago

there are some brokers that let u pick your own allocations and directly buy the stocks not the index. but minimum is high iirc