SpaceX is being fast-tracked into major stock indexes that sit inside retirement accounts and passive funds — meaning millions of ordinary investors may soon own a slice of Elon Musk’s rocket company without ever choosing the stock directly, and perhaps without realizing it.

SpaceX began trading on the Nasdaq on Friday 12 June under the ticker SPCX, in what was, by the size of the raise, the largest initial public offering on record. The company priced at 135 US dollars a share the evening before, raising roughly 75 billion US dollars at a valuation near 1.77 trillion, and [...] The post SpaceX is being fast-tracked into major stock indexes that sit inside retirement accounts and passive funds — meaning millions of ordinary investors may soon own a slice of Elon Mus