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Investors dump ETFs and buy rivals as SpaceX joins major indexes
SpaceX's $1.8 trillion IPO and rapid index inclusion is forcing passive investors to sell ETFs and buy rivals to avoid Elon Musk exposure.
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cryptobriefing.com
Investors dump ETFs and buy rivals as SpaceX joins major indexes
SpaceX's $1.8 trillion IPO and rapid index inclusion is forcing passive investors to sell ETFs and buy rivals to avoid Elon Musk exposure.
- ·
SpaceX joins the Nasdaq-100 on Tuesday, and your 401(k) is about to notice
SpaceX joins the Nasdaq-100 on July 7, triggering an estimated $4.3 billion in forced buying by index funds. Here's what it means for your portfolio.
