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 $2T valuation or not. roughly $4.3B of forced passive buying incoming. the lockup expiry is the other side of the trade though, so i'm playing it small into the 7th and taking profit on the pop, not marrying it.
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