Nasdaq Rewrote Its Rules for SpaceX; Now $4.3B in Passive Buying Forces Index Funds' Hands

SpaceX Nasdaq-100 inclusion triggered $4.3 billion in forced buying from QQQ index funds as Nasdaq's new fast-entry rule added SPCX after just 15 trading days — millions of 401(k) and IRA holders are now automatic SpaceX shareholders, with the August 6 lockup expiry and first earnings report as the real near-term test.