If it helps, you’re VTSAX 401k right now would only lose about 0.1% value if SpaceX dropped to $0. By June 2027 when all insider shares are unlocked it could go as high as 1.5%, but again only if it went to $0.

I hate Musk, I think SpaceX as an IPO was trash, and I disagree with the rule changes for index inclusion. But big picture, our 401k will be fine.

Nor is decentralization controversial. And there can be a conversation about making sure it is not actively discouraged.

But economies of scale are real. Does that mean a single power plant for the entire US, continent, world is a good idea? Of course not. Nor is 8.3 billion* individual installations.

* current world population

Call me when it starts to corner the Toilet Paper Market. Because THAT is when it has become sentient and is planning the next economic apocalypse.