https://www.fool.com/investing/2026/04/01/how-the-spacex-could-affect-these-popular-nasdaq/
We’re all aware now of the SpaceX IPO and Nasdaq fast track rule change. Lots of talk about exit liquidity and oligarchs cashing out once again. These structural changes are disturbing to say the least.
I recently made a post about getting out of Palantir, which led me to decide to get out of Tesla, and here I am realizing I don’t trust ETFs much at all anymore. Even just looking at the weights of the Mag 7 in a lot of these index funds makes me re-think what diversification is supposed to look like.
I’m going to start a new brokerage account for modified direct indexing to make sure I’m not getting stuck with this garbage or with heavily overweighted companies. The two platforms which seem to offer ETF/index modification are Wealthfront and Wallace Finance.
Are these structural changes the end of traditional index investing? Probably not but at least we have options now for more control. Any thoughts on modification?