You're about to own SpaceX stock whether you want to or not.

You're about to own SpaceX stock whether you want to or not. And it doesn't matter if you only invest in your 401k or you invest passively in ETFs. It's coming your way. And they actually changed rules to make this happen. SpaceX Changed the Rules Before Its IPO. Now Index funds and your retirement account are at risk. SpaceX is going public and it's going to be listed on the Nasdaq. Traditionally, the Nasdaq has a rule where a stock has to be trading for 3 to 12 months before it's officially added into the index. But there was a tweak to something called the Fast Track Rule, which now allows that to happen in 15 days. "Historically, the function of IPOs has been to allow insiders to cash out," said When a company goes public, that allows its founders, executives and insiders to basically cash out on the business. So in this case, the person that's cashing out is Elon Musk. That money typically comes from the people that want to invest in the business now, and even though that may not be you, whether you just don't like SpaceX or you don't like Elon, you're still going to be putting your money into it because your retirement funds, your ETFs, they have to allocate money to it. But that's where the rule came in because if you force a company to wait 3 to 12 months before everyone else through their index funds have access to it, that creates an enormous amount of buying instantly in that period, and that pushes up the value of the stock. So your index funds might be buying the stock at a peak price, which allows those early investors to cash out at an even higher price. SpaceX is not profitable. And that makes it even harder to get a real vibe on how much the thing is actually worth. So the rule changes effectively moving some of the risk that those early investors, probably people that know what's going on, to individual retail investors. So if the company doesn't perform, those retail investors are the ones that could be left holding the bag while the insiders, they got their money early. But what do you think? Do you think SpaceX will go on to be a very successful business? Do you think that by allowing these retail investors to get this kind of exposure so early, that gives them access to a lot of upside? Let me know what you're thinking and if you like these sorts of discussions, like and follow for more.