> not contributing to musk's empire You are if you've got a 401(k), just not vol... | Hacker News

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deanishe 86 days ago | parent | context | favorite | on: Crypto in 2026: Oh, This Is the Bad Place

> not contributing to musk's empire

You are if you've got a 401(k), just not voluntarily.

The SpaceX IPO is basically a scam designed to force pension funds to buy in before the stock price falls to where it should be.

fragmede 85 days ago [–]

Not meaningfully, not yet, and pension funds are entirely capable, like the SP500, of choosing not to invest in SPCX if they don't want to.

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