
SpaceX joins the Nasdaq 100 on July 7, which means every fund tracking $Invesco QQQ Trust (QQQ.US)$ has to buy it whether they like the valuation or not. people estimate around 4.3B of forced passive buying. the lockup expiry landing in the same window is the other side of the trade though. one pushes up, one pushes down. watching closely before i commit.
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