Call to Action: Oppose FTSE Russell's Rule Change Forcing the SpaceX IPO into Passive Funds
this post was removed from all popular investing subreddits. are they in it Too? Passive indexing works because it relies on strict, predictable, rules-based criteria. But right now, major index providers are quietly rewriting their rulebooks to squeeze in the upcoming SpaceX (SPCX) IPO, and it directly impacts our portfolios. On May 26, FTSE Russell approved a "fast-entry" loophole for mega-cap IPOs. Because SpaceX is debuting at a massive $1.75 trillion valuation, FTSE is allowing it to bypass standard qu
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