Passive S&P 500 funds may buy 19% of SpaceX shares within six months of its IPO, with Nasdaq 100 and Russell 1000 funds adding another 5.5% shortly after.

Passive S&P 500 funds may buy 19% of SpaceX shares within six months of its IPO, with Nasdaq 100 and Russell 1000 funds adding another 5.5% shortly after.

Investor Gary Black thinks SpaceX's IPO could benefit investors with faster listing on Nasdaq 100 and S&P 500 indices.