SpaceX Weighting in Nasdaq 100 Expected to Rise, Potentially Triggering $12.4 Billion in Passive Inflows

SpaceX is expected to see its weighting in the Nasdaq 100 index increase following the upcoming quarterly rebalancing, as its free-float share ratio has risen to nearly 30% due to the expiration of lock-up periods. JPMorgan analysts estimate that the weighting could climb to 1.51%, potentially driving approximately $12.4 billion in net passive buying from index funds and ETFs like Invesco QQQ Trust Series 1. The adjustments will be announced after the market close on Friday and will take effect on September 21.