They are looting your life savings

ColinWright

Suffering the HN Hug of Death. Text reads: And just like that—surprise!—one AI company bails out another AI company's grift. Google agreeing to rent compute from xAI (cough, "SpaceX") magically makes them eligible for inclusion in the S&P500. Americans, they are looting your life savings, the ones you earned through labour that they are gleefully replacing. Your descendants will never have the chance you had. -- https://techcrunch.com/2026/06/05/google-will-pay-spacex-920...

jleyank

If you have options in your retirement accounts, convert to foreign ETF’s, world markets mutual funds or us debt. Get you of things like nasdaq or s&p 500 unless you like the top companies. If you can get the r3k (smaller stock) mutual funds try that. Worst case, look into inflation proof assets or very short term debt via bank accounts.

instagib

BS until 2027 at the earliest. “Now, SpaceX and other megacap companies like Anthropic and OpenAI will have to wait at least 12 months after their IPOs to join the S&P 500.” https://finance.yahoo.com/markets/stocks/articles/vti-vs-voo...

impure

They’d have to keep this up for 12 months which is not guaranteed as you have to factor in hardware depreciation and other costs. Also they’d have to issue more shares to get over the liquidity requirement. And looting may be too strong of a word. They are nudging your returns down a little bit. Although SpaceX could go up too, crazier things have happened.