SpaceX (NASDAQ:SPCX) falls after IPO, Russell growth funds left with $73 billion exposure
Space Exploration Technologies Corp joined the Russell U.S. indexes after the bell on Friday, but one detail for index investors is less visible. Around $73.1 billion of SPCX’s estimated Russell notional has been tagged as growth, using FTSE Russell’s share count, its style split, and Friday’s $153.23 close.
