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by ttcbj
2 hours ago
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One thing I learned recently is that Vanguard Total Stock Market Index (VTI) is float-weighted. That means that SpaceX's percentage in the index is based on the value of the floating shares, not the total market cap. As a result, a fund like VTI, for now, doesn't have that much SpaceX. It will add more as the lockup periods expire and the float increases, but increasing float might also drive down the price. |
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https://advisors.vanguard.com/investments/products/vti/vangu... (there's a search by ticker under Holdings)