SpaceX Will Be 19% of Vanguard Vanguard ETF by 2026

SpaceX will hold 19% of the Vanguard Communication Services ETF by 2026. The company raises $75 billion at a $1.75 trillion valuation. Vanguard's market-cap-weighted ETFs will weight SpaceX at three to five times its float value. The S&P 500 and Nasdaq-100 will enable fast-track entry for SpaceX, bypassing traditional seasoning. Tesla was added to the S&P 500 in December 2020 after going public in 2010.