Indices that don’t include spacex can still be affected. As the major indices have to make liquidity available to purchase SPCX, that will suppress the value of everything else in their baskets to some extent. So the indices not including SPCX may be immune to direct SPCX volatility, but they won’t be immune to all the effects of rapid inclusion.

No one said it was a love match.

Is there much of a resale market to recuperate some of the costs on modules you replace? I could see slower depreciation being part of an economic justification, but only if there’s a robust second hand parts market.