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Comment by outside1234

2 hours ago

The only good news here is that the SP500 and wide market index funds like VTI are "float weighted", meaning they will only buy based on the dollar value of SpaceX stock sold to the public. The latest numbers are something like $75B for SpaceX, which is only something like 3% of the $2T valuation, so they will only buy a small amount of this (0.1% of the SP500 fund) because the total float for the SP500 is $45-50 trillion.

Still criminal, and also, anyone buying this individually is a fool.