No, the spacex ipo is not going to tank your 401k

Tired of all the fearmongering here ,, it’s not gonna tank your 401k. people are freaking out bc index providers like nasdaq and russell are bending thier rules to fast track spacex into index funds at that massive $1.5T valuation. everyone thinks passive retirement money is being forced to buy an overvalued hype stock to bail out billionaires, but the actual math makes that disaster narrative basically impossible. First off, index funds buy based on "free float" (shares actually available to th