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spikehoppins 2 hours ago

Do you have a source for the $30 million claim? It'd be nice to work out the math. Not _all_ of 401k funds / index funds are going to go to SpaceX.

JumpCrisscross 2 hours ago | parent | next [-]

> Do you have a source for the $30 million claim?

Index funds in total had about5 $7 trillion in 2021 [1].

[1] https://alexchinco.com/double-what-you-think-it-is.pdf

smallerize 2 hours ago | parent | prev [-]

*trillion

The 12 largest companies in the USA together have that market cap, so probably not.

chrisweekly 2 hours ago | parent [-]

yeah, trillion. 30m isn't even a vapor droplet.