SpaceX’ Nasdaq-100 entry ties the mega-IPO to index-tracking flows, lifting Wall Street trading volumes and prompting bullish fi
SpaceX has joined the Nasdaq-100, forcing the large QQQ ETF to buy shares and creating a real-time test of whether passive index-tracking funds distort markets. The move follows a blockbuster SpaceX IPO that has boosted U.S. Wall Street activity and is expected to support second-quarter bank earnings, with underwriters now free to issue initial equity research.