SpaceX IPO set to slip into index funds, hitting 401(k) portfolios
SpaceX has filed an S‑1 for a $1.75 trillion IPO, and new index‑provider rules mean total‑market funds could add the stock within five trading days, exposing millions of 401(k) investors to the company’s fortunes. Musk recently told a podcast that saving for retirement may become irrelevant, tying the IPO to his broader vision.