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208 Why SpaceX Might Land in Your Mother’s Index Fund

The Information
Ken Brown @ The Information 3 place · today 11:00 EDT

Why SpaceX Might Land in Your Mother’s Index Fund

When SpaceX hits the market, likely next month, Elon Musk’s fans will rush to buy shares no matter what the valuation. A few months later, a far different group of investors might also scramble to get shares, and they’ll also buy at any price.Index funds, the favorites of savvy, cost-conscious investors, might be forced to load up on SpaceX shares late this year if proposed rules make it easier for big stocks to join the indexes. Last week, the index gurus at S&P Dow Jones Indices asked for public comment o

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