3 ms·
The vast majority of index funds are float adjusted. SpaceX will not have that many shares available relative to the total value of the company. It's a negligib
by richwater 5mo ago
The vast majority of index funds are float adjusted. SpaceX will not have that many shares available relative to the total value of the company. It's a negligible percent of the overall market cap of say, VTI. This commonly repeated trope is misinformation. The change in rules is more of a problem than the actual value.