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SpaceX’s IPO: What Passive Investors Are Really Getting Into

SpaceX’s IPO: What Passive Investors Are Really Getting Into

SpaceX is about to crash into nearly every passive investment portfolio on the planet—despite losing $5 billion last year and controlling founder votes stacked 10-to-1. With its $2 trillion valuation and newly rewritten index rules, what you get when you buy in may surprise you. The Rule Rewrites That Put SpaceX in Every Portfolio This year saw a seismic shift …

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Canada’s New $25 Billion Sovereign Wealth Fund: Promise and Pitfalls

Canada’s New Billion Sovereign Wealth Fund: Promise and Pitfalls

Canada is launching its first sovereign wealth fund—the Canada Strong Fund—with a $25 billion injection aimed at major infrastructure projects. But beyond the promise of citizen investment and economic renewal, skeptics warn about fiscal risks and the country’s challenging track record in managing such ventures. A Bold Bet on Nation-Building Through a New Sovereign Wealth Fund In a surprising announcement …

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