SpaceX Index Weighting Doubles in Nasdaq 100 Rebalance

SpaceX is poised for a significant boost in its Nasdaq 100 weighting, jumping from 1.28% to 2.82% as share lockups expire and free float expands. This adjustment is expected to trigger billions of dollars in passive fund buying, with potential for further increases as more shares become available for trading.
According to Nasdaq's Global Index Watch data, the final weighting will be confirmed later this month, with analysts noting that further increases are possible as additional lockup expirations continue to expand the company's free float. The firm's recent earnings release and subsequent lockup expiration in August saw no significant sell-off, as insiders largely retained their stakes.
Source: Yahoo FinanceSpaceX is set to see its weighting in the Nasdaq 100 rise from 1.28% to 2.82%. This change will force passive funds to purchase billions of dollars in new shares.
Source: Yahoo! Finance Canada






