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The Investors Scrambling to Keep SpaceX - and Elon Musk

Investors are maneuvering to avoid or manage SpaceX holdings following the company's first year post-IPO and its exclusion from the S&P 500.

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The brief

SpaceX is causing a stir among investors after the S&P 500 Index Committee declined the company for its first year post-IPO. This decision has direct implications for passive fund investors.

Simultaneously, some retail investors are attempting to remove the company from their portfolios. Coverage from Bloomberg and Moomoo emphasizes a trend of "anti-Musk" retail investors who are "defusing the mine" to avoid exposure to the company.

Other reports from The Motley Fool and Yahoo Finance highlight that many index fund holders may already own SpaceX and are now assessing their level of exposure. Attention remains on how passive fund investors will be impacted by the S&P 500 exclusion and the ongoing efforts by retail investors to keep SpaceX out of their portfolios.

Synthesized by Newsylist from the headlines below under a strict no-invention contract. ✓ fact-checked: all claims supported by sources Updated just now.

Quick answers

Why are some retail investors avoiding SpaceX?

According to Bloomberg and Moomoo, some investors are specifically 'anti-Musk' and are scrambling to keep the company out of their portfolios.

Did SpaceX enter the S&P 500?

No, the S&P 500 Index Committee declined SpaceX for its first year post-IPO.

Do index fund owners have SpaceX holdings?

According to The Motley Fool, individuals who own an index fund likely already own SpaceX.

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