Comment by spikehoppins
14 hours ago
Do you have a source for the $30 million claim? It'd be nice to work out the math. Not _all_ of 401k funds / index funds are going to go to SpaceX.
14 hours ago
Do you have a source for the $30 million claim? It'd be nice to work out the math. Not _all_ of 401k funds / index funds are going to go to SpaceX.
*trillion
The 12 largest companies in the USA together have that market cap, so probably not.
yeah, trillion. 30m isn't even a vapor droplet.
> Do you have a source for the $30 million claim?
Index funds in total had about5 $7 trillion in 2021 [1].
[1] https://alexchinco.com/double-what-you-think-it-is.pdf