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elevationyesterday at 5:17 PM1 replyview on HN

Any funds you'd recommend that would preserve the legacy 1 year watch period?


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dmoyyesterday at 5:28 PM

The float adjustment probably handles this for you? The tiny amount of float of that $1.75T means that for any large total market or s&p or whatever fund (VTI, SPY, etc), SpaceX is going to be a minuscule fraction of the fund.

Apple has a float of >99%. SpaceX is going to come out with 3-4% float. Since all big serious total market / whatever index funds are float adjusted, this means that SpaceX will be treated more like a company with $45B market cap, not $1.5T or whatever.

If you're buying most index funds, you should literally not care about this.

If you buy VTI, then SpaceX is going to be like what, <0.1% of the fund? That is noise.

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