{"id":4688,"date":"2026-06-18T15:16:23","date_gmt":"2026-06-18T15:16:23","guid":{"rendered":"https:\/\/www.finznest.com\/blog\/what-retirement-savers-need-to-know\/"},"modified":"2026-06-18T15:16:23","modified_gmt":"2026-06-18T15:16:23","slug":"what-retirement-savers-need-to-know","status":"publish","type":"post","link":"https:\/\/www.finznest.com\/blog\/what-retirement-savers-need-to-know\/","title":{"rendered":"What retirement savers need to know"},"content":{"rendered":"<div id=\"SpecialReportArticle-ArticleBody-6\" data-module=\"ArticleBody\" data-test=\"articleBody-2\" data-analytics=\"SpecialReportArticle-articleBody-6-2\"><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"\/><\/p>\n<div role=\"region\" aria-labelledby=\"Placeholder-ArticleBody-Video-108323291\">\n<div role=\"button\" tabindex=\"0\" id=\"Placeholder-ArticleBody-Video-108323291\" class=\"PlaceHolder-wrapper\" data-vilynx-id=\"7000416305\" data-test=\"VideoPlaceHolder\">\n<div class=\"InlineVideo-videoEmbed\" id=\"InlineVideo-0\" data-test=\"InlineVideo\">\n<div class=\"InlineVideo-wrapper\">\n<div class=\"InlineVideo-inlineThumbnailContainer\"><span class=\"InlineVideo-videoButton\"\/><span\/><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<p><span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"SpecialReportArticle-QuoteInBody-1\">SpaceX<span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"\/><\/button><\/span><\/span><\/span> shares have gained more than 30% since the aerospace and satellite communications company went public on Friday. Now, some people may be wondering whether they missed their chance to invest in the high-flying stock if they didn&#8217;t buy it at the IPO or its first few days of trading. <\/p>\n<p>Spoiler: They haven&#8217;t.<\/p>\n<p>In fact, even if they don&#8217;t know it, many retirement savers already own this high-profile investment \u2014 or soon could \u2014 through funds in their 401(k), IRA or brokerage account.\u00a0<\/p>\n<\/div>\n<h2 class=\"ArticleBody-subtitle\">SpaceX is already in some mutual funds, ETFs<\/h2>\n<div class=\"group\">\n<p>A number of professionally managed, active funds own SpaceX stock, including FMR, the parent company of Fidelity Investments, the nation&#8217;s largest 401(k) provider. FMR owns 0.98% of existing SpaceX shares across 46 Fidelity funds, according to S&amp;P data.<\/p>\n<p>Baron Capital Group owns 0.21% of the outstanding shares across seven funds. Franklin Resources, BlackRock, and Neuberger Berman also hold shares of SpaceX in several funds. <\/p>\n<\/div>\n<div class=\"group\">\n<div class=\"RelatedContent-relatedContent\" id=\"SpecialReportArticle-RelatedContent-1\">\n<div class=\"RelatedContent-container\">\n<div class=\"RelatedContent-nonCollapsibleContent\">\n<h2 class=\"RelatedContent-header\">More from Your Money:<\/h2>\n<div class=\"group\">\n<p><em>Here&#8217;s a look at more stories on how to manage, grow and protect your money for the years ahead.<\/em><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<p>Eight active funds \u2014 mutual funds, ETFs, and closed-end funds \u2014 hold positions in SpaceX that exceed 10% of their net asset value, according to Morningstar&#8217;s most recent data. Funds with the most exposure include four Baron funds, where SpaceX accounts for 20% or more of their assets.\u00a0<\/p>\n<p>SpaceX will also be included in some passive index funds in the coming weeks, as the company enters two major stock indexes that have recently introduced policies to fast-track the adoption of mega-IPOs. <\/p>\n<p>The Russell 1000 can include a massive IPO after as few as five days of trading. For SpaceX, that would be Thursday after the market close. Nasdaq adds a stock to the Nasdaq-100 after 15 trading days \u2014 or, in this case, on July 6.\u00a0<\/p>\n<\/div>\n<h2 class=\"ArticleBody-subtitle\">What SpaceX means for your 401(k)<\/h2>\n<div class=\"InlineImage-imageEmbed\" id=\"ArticleBody-InlineImage-108321264\" data-test=\"InlineImage\">\n<div class=\"InlineImage-wrapper\">\n<div>\n<p>SpaceX displayed outside the Nasdaq as the company launches their IPO on June 12, 2026.<\/p>\n<p>Adam Jeffery | CNBC<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<p>Once SpaceX is in these indexes, the stock will be added to mutual funds and exchange-traded funds that track these benchmarks, including index funds and ETFs in many 401(k)s and workplace retirement plans, experts say. If you own these funds, you&#8217;ll own SpaceX.<\/p>\n<p>&#8220;From a 401(k) plan perspective, I would say it&#8217;s not an immediate opportunity,&#8221; said Jaime Magyera, head of BlackRock&#8217;s Retirement and U.S. Wealth Advisory businesses. But, for some people, the stock &#8220;will gradually make its way into index funds that are likely in their 401(k) plans.&#8221;\u00a0<\/p>\n<p>Since SpaceX listed on the Nasdaq with a low percentage of publicly traded shares \u2014 known as a small &#8220;float&#8221; \u2014 experts say its initial impact and overall weight in these benchmark indexes will be modest. <\/p>\n<p>&#8220;It&#8217;s one of many, many, many stocks in the ETF,&#8221; said Sylvia Kwan, CEO of Ellevest, a wealth management and financial planning firm. But, &#8220;if SpaceX does well, you could still benefit by not directly investing in stock.&#8221; <\/p>\n<\/div>\n<h2 class=\"ArticleBody-subtitle\">Check &#8216;under the hood&#8217;<\/h2>\n<div class=\"group\">\n<p>Keep an eye on the funds&#8217; holdings in your portfolio to see whether they own SpaceX or other high-flying stocks, and how large an allocation. <\/p>\n<p>&#8220;I&#8217;m not sure whether people have really looked under the hood,&#8221; Kwan said. &#8220;But I would like to think that this could be the beginning of that.&#8221;<\/p>\n<p>When it comes to large allocations of SpaceX stock in a particular fund or across your portfolio, &#8220;some people might be comfortable with that level of risk,&#8221; said certified financial planner Nathan Nicholaisen of Redspire Wealth Management in Des Moines, Iowa. &#8220;I can&#8217;t answer that for them, but I think the first part is just awareness.&#8221;  <\/p>\n<p>Nicholaisen said investors should ask themselves, &#8220;Are you comfortable with that level of risk based on how much you have allocated to it and what your long-term goals are?&#8221;\u00a0<\/p>\n<p><em><strong>SIGN UP:<\/strong>\u00a0<\/em><em>Money 101\u00a0<\/em><em>is an 8-week learning course on financial freedom, delivered weekly to your inbox. Sign up\u00a0<\/em><em>here.\u00a0<\/em><em>It is also available in\u00a0<\/em><em>Spanish.<\/em><\/p>\n<\/div>\n<div class=\"ArticleBody-googlePreferredSourceContainer\" data-module=\"GooglePreferredSource\" data-id=\"SpecialReportArticle-GooglePreferredSource-6\">Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>SpaceX shares have gained more than 30% since the aerospace and satellite communications company went public on Friday. Now, some people may be wondering whether they missed their chance to invest in the high-flying stock if they didn&#8217;t buy it at the IPO or its first few days of trading. Spoiler: They haven&#8217;t. In fact, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4689,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[570,3487],"class_list":["post-4688","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-retirement","tag-savers"],"_links":{"self":[{"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/posts\/4688","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/comments?post=4688"}],"version-history":[{"count":0,"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/posts\/4688\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/media\/4689"}],"wp:attachment":[{"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/media?parent=4688"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/categories?post=4688"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.finznest.com\/blog\/wp-json\/wp\/v2\/tags?post=4688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}