SpaceX shares have surged over 30% since the company went public, raising questions among potential investors about missed opportunities. However, many retirement savers may already have indirect exposure to SpaceX through their 401(k) plans or IRAs, as the stock is included in several mutual funds and ETFs.
Notably, Fidelity's parent company, FMR, holds nearly 1% of SpaceX shares across 46 funds, while other firms like Baron Capital Group and BlackRock also have significant stakes. As SpaceX prepares to be added to the Russell 1000 and Nasdaq-100 indexes, it will become part of many index funds and ETFs, further increasing its presence in retirement portfolios.
Experts suggest that while the immediate impact of SpaceX on these indexes may be modest due to its small float, investors could benefit from its performance without directly owning the stock. Financial advisors recommend that investors review their fund holdings to understand their exposure to SpaceX and assess their comfort with the associated risks