SpaceX in your index fund, explained

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Index funds are touted arsenic 1 of the safest ways to invest. Rather than picking and choosing idiosyncratic stocks, scale funds fto you stake connected the marketplace arsenic a whole. So what happens erstwhile a institution similar SpaceX - a giant gamble, and, successful my opinion, terribly overpriced - is fast-tracked into the Nasdaq-100? Does it abruptly endanger the stableness of scale funds based connected the Nasdaq-100? Can a $1.77 trillion IPO crater the status funds of regular radical who would ordinarily person nary involvement successful investing successful Elon Musk's meme stock?

The reply has little to bash with SpaceX and much to bash with scale funds - however they work, their history, and wherefore they've …

Read the afloat communicative astatine The Verge.