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REDDIT

Help me understand "Elon and SpaceX are going to rob 401k"

L
Jun 1, 2026 · 23:42

I saw "Elon is going to rob your retirement money" in news headline. Can you guys help me understand?

Is Elon trying to get SpaceX added to major stock index(such as S&P)? If so, would that affect everyone who owns index funds? Not just people who have retirement funds?

Thank you.