✉news ScienceSpace first seen 16 h ago, last 12 h ago, peak #32
Bank of America backs SpaceX stock exposure in 401(k) plans
Original: Bank of America backs SpaceX stock that may be in your 401(k)
Bank of America has issued a supportive stance on SpaceX stock, suggesting the private space company could become accessible to ordinary investors through retirement accounts such as 401(k) plans. The move highlights growing Wall Street interest in giving retail savers exposure to SpaceX, one of the world's most valuable private companies, ahead of any potential public listing. Commentators are weighing the risks and rewards of holding such a volatile asset in retirement portfolios.
Why now: Bank of America's endorsement raises the prospect of everyday retirement savers gaining access to SpaceX shares, a topic of keen investor interest.
Evidence
- Bank of America backs SpaceX stock that may be in your 401(k) · thestreet.com
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