r/wallstreetbets
SpaceX to join Nasdaq-100 index on July 7
Nasdaq's new rule lets SpaceX ($SPCX) join the Nasdaq-100 15 days post-IPO, triggering forced buying by funds like $QQQ.
- Nasdaq implemented a new rule allowing mega-cap IPOs to join the Nasdaq-100 after just 15 trading days.
- Index funds like QQQ will execute forced buying of SPCX on July 6 before it officially joins the index.
- The S&P 500 explicitly refused to change its standard 12-month waiting period rule for new IPOs.
Nasdaq changed its decades-old inclusion rules right before the SpaceX IPO. Here is the factual timeline
May 1, 2026: Nasdaq implemented a new rule allowing mega-cap IPOs to join the Nasdaq-100 after just 15 trading days.
May 20, 2026: SpaceX filed its S-1 for IPO.
June 12, 2026: SpaceX ($SPCX) went public.
July 6, 2026 (Market Close): Index funds like $QQQ will execute forced buying.
July 7, 2026: SpaceX officially joins the Nasdaq-100.
Note: The S&P 500 explicitly refused to change its standard 12-month waiting period rule.
Isn’t July 7 the date that NASDAQ buying ENDS not begins?
Look at you with a fancy 401k 🤣 I have a savings account with enough to eat Wendy’s for a little bit
Isn’t this kinda similar to how Enron did? Worthless company but pumped their numbers up by cooking the books essentially? I am mildly regarded at best so I’m not 100% on that
Space X is overvalued by about 3x and the market is already starting to reflect that fact. QQQ not buying the stock until market close on July 6th. After market pump will end in losses in QQQ QUICKLY. At least my degenerative SPY isn’t taking the bait.
Sell winners to buy a falling knife cause they just had to redefine rules - fuq Nasdaq
At least we can stop wondering what’s going to pop the bubble.
Not necessarily googles down 5% since joining the dow
Qqq will be %5 Elon lol
Fucking scam, I don’t want my 401k to buy this shit
It already entered FTSE Russell GEIS and a lot of MSCI ETFs.
What do Canadians invest in?
Banks and natural resources
What a fucking joke
My thoughts are that you don’t need to swing at every pitch, and if I lose money on SpaceX I will feel too stupid.
Too stupid to short and too stupid to buy it where I landed