SpaceX is set to officially join the Nasdaq 100 index on Tuesday, giving investors new exposure to the stock while triggering billions of dollars in automatic purchases by index funds.

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.

Previous high‑profile additions to the Nasdaq 100 experienced volatility rather than a smooth ascent.

SpaceX will be officially in the Nasdaq 100 index on Tuesday.

SpaceX is set to join the Nasdaq-100 index today, July 7. This inclusion could trigger approximately $4.3 billion in passive investment inflows. Companies joining the index often…