Your 401k Might Own SpaceX | Durham News

Bernie Sanders is proposing a bold tax on billionaire stock holdings to fund a $7 trillion AI trust, directly targeting figures like Elon Musk whose wealth is locked in company shares—not cash. Musk defends his position, arguing stock value reflects real utility and future potential, and that his SpaceX and Tesla shares are subject to lockups and tied to company performance. The debate just got personal for millions: SpaceX’s recent Nasdaq-100 inclusion means many 401(k)s now hold stakes in the company—without your knowledge. Analysts warn SpaceX’s valuation may be inflated, citing losses and Musk’s outsized role, meaning a market correction could hit retirement accounts hard. Know your fund’s index—if it tracks Nasdaq-100, you’re invested. This isn’t just politics—it’s your savings. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/4178abff6b99788b