Post B6k1NnZUQeagCJN6tU by James_Dixon@poa.st
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 (DIR) Post #B6k1NnZUQeagCJN6tU by James_Dixon@poa.st
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       If you are an investor with Schwab who would like to own SpaceX (the trading symbol will apparently be SPCX, per Reuters) but don't feel qualified or don't want to partake in the IPO, what are your options?Well, other than buying shares once trading opens, which is always an option (though you won't get the IPO price), Schwab has two funds that are almost guaranteed to own SpaceX once it's on the market and another one that is likely to.SCHB is Schwab's US Broad Market ETF, SCHX is Schwab's US Large-Cap ETF, and SCHG is Schwab's US Large-Cap Growth ETF.  All of these are low cost index funds (0.03-0.04 expense ratios) and trade at no cost to Schwab investors.The first two are almost guaranteed to add SpaceX to their funds and the third is extremely likely to do so.  Since SpaceX is projected to have a market of well of $1T and possibly as high as $2T at the IPO it will be somewhere between the 7th and 15th largest traded companies in the world.  At $2T it would be on par with Broadcom, which currently makes up 2.91% of SCHX, 2.72% of SCHB, and 4.31% of SCHG. At $1T it would be on par with Berkshire Hathaway class B shares, which currently make up 1.32% of SCHX and 1.24% of SCHB. and just above Eli Lilly which makes up 3.01% of SCHG (Berkshire Hathaway isn't considered a growth stock and so doesn't seem to be held by SCHG).As a Schwab investor, these three funds would be the most cost effective way to hold a percentage of you portfolio in SpaceX without actually buying individual shares in the company.  Which fund you choose would depend on your broader investing goals.#Investing