SpaceX is set to have the largest IPO in history on June 12, 2026, and the Nasdaq has changed its rules to fast-track its inclusion in the Nasdaq-100 index. Investors in the Invesco Nasdaq-100 ETF (QQQM) will automatically gain exposure to SpaceX, which is expected to account for less than 1% of the fund due to its relatively small free-float market cap.
The most valuable insight for you is that the Nasdaq has changed its rules to fast-track SpaceX into the Nasdaq-100 index upon its IPO. For investors in the Invesco Nasdaq-100 ETF (QQQM), this means automatic exposure to SpaceX, although it will account for less than 1% of the fund due to its relatively small free-float market cap. This adjustment could be a strategic consideration for your portfolio if you're aiming for exposure to high-profile IPOs through ETFs.