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spikehoppins | on: Can the stockmarket swallow Anthropic, SpaceX and OpenAI?
Do you have a source for the $30 million claim? It'd be nice to work out the math. Not _all_ of 401k funds / index funds are going to go to SpaceX.
prepend | parent | next
As of April, the combined market cap of index funds (including ETFs) is just under $21T. [0]

Actively managed funds is $18T. And, for example, the S&P500 alone is $69T.

[0] https://www.ici.org/research/stats/combined_active_index_042...

smallerize | parent | next
*trillion

The 12 largest companies in the USA together have that market cap, so probably not.

chrisweekly | root | parent
yeah, trillion. 30m isn't even a vapor droplet.
JumpCrisscross | parent
> Do you have a source for the $30 million claim?

Index funds in total had about5 $7 trillion in 2021 [1].

[1] https://alexchinco.com/double-what-you-think-it-is.pdf