The Russell indices, and other indices like the CRSP total market index, might include newly public companies like SpaceX, but the relative weight of them in the index will be float-adjusted, so a company like SpaceX that has kept a lot of its shares locked up will be underrepresented in the index compared to a more established public company.

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andriy_koval 3 hours ago | parent [-]

Per https://www.tradingview.com/symbols/NASDAQ-SPCX/ SpaceX curreng float is 4.29B shares or about 600B USD, not that small grab from pension funds.

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nh23423fefe 3 hours ago | parent [-]

its like 2.5% of nasdaq. any crsp tracking fund would be 0.2%

	▲	andriy_koval 2 hours ago \| parent [-]
		I think all mentioned numbers: 2.5% of Nasdaq, 0.8% (as per market cap from https://indexes.morningstar.com/indexes/details/morningstar-...) of crsp, 600B usd are large enough to just give them to trillioners.