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Financial analysts raised concerns about Elon Musk’s SpaceX beingfast-trackedinto major stock market indices such as the S&P 500 and Nasdaq-100, possibly leading millions of Americans to inadvertently allocate their retirement savings into these investmentsunprofitable company.

Content creator Zack Nelsoncautioned, “The wealthiest individual on Earth is about to steal your 401K.”

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A major U.S. union cautionedthat the move “goes against financial reasoning,” highlighting that SpaceX functions at anaggregate lossand would typically not qualify for specific indices.

Investor Ari Paul referred to it as“impressive coup by Musk,”while portfolio manager Ian McMillan described index providers as “openly stealing from the treasury,” he referred to it as“100% fraud,” on X.

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Despite posting a $4.9 billiona loss in 2025, SpaceX is projected to emerge as one of the most highly valued companies globally after its initial public offering, with detractors arguing that this structure aids Musk’s ambition to become the first person worth over a trillion dollars.

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