SpaceX will officially join the Nasdaq-100 on July 7. Isn’t this faster than a rocket launch? JPMorgan estimates that about $4.3 billion in passive funds will be forced to jump in and buy. All ETFs tracking the Nasdaq-100 will have to follow suit and purchase accordingly. SPCX is currently priced at $162, with an FDV of $2.1 trillion and a circulating market cap of just $87.2 billion. A $4.3 billion inflow plus retail FOMO could easily push it up by around 10%. Either way, I’m waiting for a spike before July 7 to cash out—my family needs to eat!