You can ignore AI giants like SpaceX, but your 401(k) won't

You Can Ignore AI Giants Like SpaceX, But Your 401(k) Won't

SpaceX's $2.1 trillion IPO enters major indexes within weeks, auto-enrolling millions of 401(k) holders into an unprofitable company burning $4B+ annually. Index-driven investing now dominates portfolio construction, forcing passive exposure to mega-cap companies independent of earnings fundamentals.