SpaceX's weight is expected to increase after the Nasdaq 100 index rebalances, leading to passive net buying of $12.4 billion

Due to the quarterly rebalancing of the Nasdaq 100 index, SpaceX's weight is expected to increase from 1.25% to 1.51%, and is expected to receive approximately $12.4 billion in passive net buying. SpaceX's current market value exceeds $2 trillion, and the relevant adjustments will take effect on September 21st due to the increase in the proportion of freely tradable shares. As of the end of the second quarter, approximately $1.7 trillion in assets tracked the Nasdaq 100 index, including the Invesco QQQ Trust Series 1. (Source: JPMorgan Securities)