SpaceX is coming to your ETF whether you like it or not
SpaceX is coming to your ETF whether you like it or not
If you hold you're getting SpaceX exposure whether you want it or not
once it hits the S&P 500 and Nasdaq 100, these ETFs are forced buyers. VOO alone would need to pick up around $5 billion in shares
so the real question is does automatic SpaceX exposure change how anyone feels about their set and forget strategy or is it not that deep?
If SpaceX eventually joins the S&P 500, passive investors won't really have a choice, and that's kind of the point of index investing. You own the winners as they become a bigger part of the economy. The bigger question is whether SpaceX can justify the valuation expectations that will come with all that automatic ETF demand.
That’s kind of the hidden reality of index investing now, eventually the biggest growth stories become part of your portfolio whether you actively choose them or not.
