Why Your S&P 500 ETF Could Rapidly Include SpaceX

Elon Musk's SpaceX could soon commence an initial public offering (IPO), and if that happens, it would be one of the most anticipated and largest such transactions in history. The word on the street is that the Starlink owner is looking to raise as much as $50 billion, or nearly double the amount raised in the largest IPO on record. It's also rumored that SpaceX could debut with a market capitalization of $1.5 trillion, potentially putting it in rarefied air. As of March 13, just 11 U.S.-based companies spo ...