The HeadlinesWhat the SpaceX I.P.O. Means for You, and a Giant Act of Vandalism in D.C.

Indexes Bend For SpaceX IPO

1:47–3:10 · 84s

Wall Street reporter Maureen Farrell reveals that major index funds quietly rewrote their rules so SpaceX would be added on day one, a move economists call "unprecedented and shocking" because it forces everyday 401k investors into a volatile brand-new stock.

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