u/TheSleepyTruth

When you buy SP500 tracking ETFs like VOO and SPY 6.7% of their holdings will now be comprised by Tesla and SpaceX, which will have a combined market cap of ~3.3-3.6 trillion... All the more reason to make your own diversified portfolio of individual stocks or find ETFs that, when combined, somewhat mimic the SP500 but without including ticking time bomb Musk meme stocks with pe ratios of 400 and horrendous financials with negligible (or negative) earnings