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Your 401(k) May Have Just Bought SpaceX - Invesco NASDAQ 100 ETF (NASDAQ:QQQM), SpaceX (NASDAQ:SPCX), Inv
Millions of retirement investors may now own SpaceX through Nasdaq-100 index funds after the company's record-fast index inclusion.
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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.
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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.
