To the people who are telling others "don't worry about your 401(k) because SpaceX is only going to be just 1% of your holdings"
u/cherrypoplar ·
Reddit — r/investing
· June 12, 2026 at 07:58
· ⬆ 20 pts
· 💬 9 comments
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You do realise that, after the rule changes made by the index controllers (like NASDAQ and FTSE), SpaceX is not going to be the only cash-burning company to suck exit liquidity from passive funds, right?
We already have OpenAI and Anthropic waiting in the pipelines (and who knows how many other unprofitable companies whose insiders need to cash out), preparing to use the exact same playbook that SpaceX is now trying.
How many "just 1%" hits should people be expected to tolerate for their investment and retirement funds?