SpaceX Enters Nasdaq-100 Index Today, Triggering $22-27 Billion Passive Fund Inflow

According to Financial News, SpaceX officially enters the Nasdaq-100 index today (July 7), triggering large-scale passive fund inflows. Markets estimate between $22-27 billion in passive capital will flow into Nasdaq-100 tracking funds, with the QQQ ETF alone expected to see approximately $4.3 billion in buying demand.

Domestic space-focused ETFs remain under pressure, with recent one-month returns as of July 6 showing declines: Korea Investment Trust Management's ACE US Space Technology Active at -18.06%, Samsung Asset Management's KODEX US Aerospace at -15.22%, Mirae Asset's TIGER US Space Technology at -31.24%, and Shinhan Asset Management's SOL US Aerospace Top 10 at -17.94%. However, analysts remain optimistic, with TipRanks data showing an average SpaceX price target of $210.86, representing approximately 30% upside from current levels.