SpaceX in the Spotlight as Company Set to Join Nasdaq-100 Tuesday

Space Exploration Technologies Corp. (NASDAQ: SPCX ) shares are in the spotlight Monday ahead of the company’s official addition to the Nasdaq-100 Index Tuesday — one of the fastest index inclusions in the exchange’s history — triggering billions of dollars in forced buying from passive funds and ETFs. The Inclusion SpaceX will become a component of the Nasdaq-100 Index prior to market open on Tuesday, July 7, 2026. The Nasdaq-100 is tracked by more than 200 investment products with over $800 billion in assets under management globally, meaning every index fund and ETF tracking the benchmark will be required to own SpaceX shares as of Tuesday’s open. Estimates suggest passive investors could purchase up to $4.3 billion in shares from the QQQ ETF alone, with total Nasdaq-100 and Russell index tracking fund buying potentially reaching $27 billion. The forced buying is...