# Index Funds Forced to Buy SpaceX

> Passive funds now own more SpaceX shares without choice after Nasdaq rebalance.
- Title: Index Funds Forced to Buy SpaceX · 24/7 Wall St. | Shortify
- Summary: Passive funds now own more SpaceX shares without choice after Nasdaq rebalance. Index funds automatically increased SpaceX holdings after Nasdaq rebalanced…
- Keywords: nasdaq, spcx, index funds, spacex, nasdaq 100, passive investing, stock rebalance, elons musk, Index, Funds, Forced, Buy
- Source: 24/7 Wall St. — https://247wallst.com/investing/2026/09/22/index-funds-are-being-forced-to-buy-spacex-whether-they-want-it-or-not
- Author: Omor Ibne Ehsan
- Published: 2026-09-22T14:00:15+00:00
- Read time: 1 min
- Topics: nasdaq, spcx, index funds, spacex, nasdaq 100, passive investing, stock rebalance, elons musk
## Nasdaq Rebalance
The Nasdaq 100’s quarterly rebalance on September 22, 2026, increased SpaceX’s weighting more than double.
## Forced Buying
Every fund tracking the Nasdaq 100 now holds more SpaceX shares than they chose, without investor input.
## Float Expansion
SpaceX’s public float grew as post-IPO lockups expired, raising index weight and creating market supply.
## Index Weight Impact
SpaceX now has a weighting of 7.7 billion shares and a float near 3.7 billion, with insiders holding 12.7%.
## Market Reaction
SpaceX’s stock price dropped from $200 to $100s after unlocks, with options pricing an 18% weekly move.
## Shareholder Impact
QQQ holders own SpaceX shares that reported a $541 million net loss on $7.81 billion revenue with $143 million operating loss.
## Future Challenges
SpaceX must deliver on its $1 trillion revenue timeline by 2030 and manage $47.5 billion backlog to sustain valuation.
## Key takeaway

Index funds automatically increased SpaceX holdings after Nasdaq rebalanced, raising their stake without investor input.