# Space Oddity: Is the Biggest IPO in History a Problem for Index Funds?

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Text version: https://stenobird.com/podcast/many-happy-returns-4763217/space-oddity-is-the-biggest-ipo-in-history-a-problem-for-index-funds.md
Podcast: [Many Happy Returns](https://stenobird.com/podcast/many-happy-returns-4763217)
Published: 2026-05-27T05:00:00+00:00
Episode link: https://pensioncraft.com/space-oddity-is-the-biggest-ipo-in-history-a-problem-for-index-funds
Audio file: https://episodes.captivate.fm/episode/0d16ec2e-37b5-4b7f-8464-6c0877a499ee.mp3
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Duration seconds: 2414

## Resource

The largest IPO in history is three weeks away. SpaceX is aiming for a valuation of almost $2 trillion despite reporting massive losses. We ask what happens when our beloved index funds are forced to buy the AI giants, whatever the price? And in the Dumb Question of the Week: Why does an IPO need 23 banks? --- Get in touch 📧 mhr@pensioncraft.com 🎧 many-happy-returns.captivate.fm --- Join PensionCraft 🌐 Become a member at pensioncraft.com ▶️ Subscribe on YouTube --- Disclaimer This podcast is for informational and entertainment purposes and is not financial advice. We do not provide recommendations or endorse any decision to buy, sell or hold any security. We cannot be held responsible for any actions listeners may take and investors are encouraged to seek independent financial advice. Copyright 2026 Many Happy Returns

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## Transcript

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