SpaceX Joins the Nasdaq-100, Impact on Invesco QQQ Investors
SpaceX is joining the Nasdaq-100 index this week, which will result in ETFs like Invesco QQQ Trust indirectly owning its stock. J.P. Morgan estimates $4.3 billion in passive buying from index-tracking funds could follow.
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Topics: ETFs Invesco QQQ Trust Nasdaq-100 index SpaceX