Should You Buy SPCX Stock As SpaceX Joins The Nasdaq-100? - Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), Spa

SpaceX’s formal entry into the Nasdaq-100 today is expected to trigger forced ETF and index-fund buying, potentially driving one of SPCX’s most volatile sessions since its IPO. The article says the Nasdaq-100 includes the 100 largest non-financial Nasdaq-listed companies and that rebalancing could create about $4.3 billion in passive flows. Because these funds must buy regardless of price, demand may outpace available shares, especially with limited tradable supply after insider lockup rules. SpaceX raised $75 billion selling 555.56 million shares, and CEO Elon Musk holds more than 82% of voting power. SPCX closed Friday at $162, about 20% above its $135 IPO price. Traders are watching resistance at $185–$190, aligned with Wedbush’s $190 target. Support is flagged at $158–$161, near the volume anchor around the first-day close of $160.95, with $150 cited as a further level if selling accelerates.