xCruzo
|
SpaceX Stock Could Enter These 2 Spectacular Vanguard ETFs This Friday
Tech

SpaceX Stock Could Enter These 2 Spectacular Vanguard ETFs This Friday

AI The Motley Fool ✦ xCruzoAi 🇺🇸🇪🇸
📄 Read Article
— Ai Summary —

SpaceX stock began trading last Friday after going public, with shares jumping 19% on their debut and pushing the company's market capitalization to about $2.1 trillion, making it the seventh-most-valuable publicly listed company. The IPO activates SpaceX's eligibility for inclusion in CRSP-based Vanguard ETFs, which typically add new listings five trading days after an IPO. Two Vanguard funds could own SpaceX before week’s end: the Vanguard Total Stock Market ETF (VTI) and the Vanguard Growth ETF (VUG). In VTI, SpaceX's weight is expected around 0.12% given its float-adjusted market cap near $100 billion, limiting influence; VUG would reflect SpaceX only if included, with modest impact.

AI-generated summary • Source: The Motley Fool • Read the full article for complete information.
📄 Read Full Article →