SpaceX is about to become a MUCH bigger piece of the Nasdaq-100
Its weighting is set to jump from ~1.28% → ~2.82% when the quarterly rebalance takes effect Monday, September 21
That’s more than DOUBLE its original weight just months after joining the index
The reason: post-IPO lockups have expired, putting significantly more SpaceX shares into the publicly tradable float
And the scale here is huge
Roughly $1.7 TRILLION is benchmarked to the Nasdaq-100, with estimates suggesting the rebalance will drive $15B+ in passive buying of SpaceX shares
SpaceX went public barely three months ago
Now it’s already becoming a major component of one of the world’s most important stock indexes
Absolutely insane how quickly SpaceX has become a major force in public markets
Its weighting is set to jump from ~1.28% → ~2.82% when the quarterly rebalance takes effect Monday, September 21
That’s more than DOUBLE its original weight just months after joining the index
The reason: post-IPO lockups have expired, putting significantly more SpaceX shares into the publicly tradable float
And the scale here is huge
Roughly $1.7 TRILLION is benchmarked to the Nasdaq-100, with estimates suggesting the rebalance will drive $15B+ in passive buying of SpaceX shares
SpaceX went public barely three months ago
Now it’s already becoming a major component of one of the world’s most important stock indexes
Absolutely insane how quickly SpaceX has become a major force in public markets
