u/Jacker247 ·
Reddit — r/wallstreetbets
· May 24, 2026 at 17:28
· ⬆ 60 pts
· 💬 60 comments
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AI Summary
Summary
The post questions how major ETFs (SPY, QQQ) will handle SpaceX’s upcoming IPO, specifically whether proportional selling of existing holdings, trimming the last component, or allowing 500+1 will occur.
The author expresses concern that forced buying of SpaceX could disrupt index composition and trigger sell-offs in other stocks like CSGP.
Quality assessment: Speculative noise based on a hypothetical event; lacks concrete data on float or index methodology, relying on general curiosity rather than thorough DD.
Score60
Comments60
Upvote %85%
▶ Full Post Text
$SPCX filed its S-1 on May 20, targets a Nasdaq listing June 12 at a $1.75T valuation. Index providers literally rewrote their rules to fast-track it in.
How big ETFs gonna include $SPCX in their holding?
1. will they proportionally sell of holdings and we will be fucked ?
2. or the last name in SPY (500/500) / QQQ (100/100) gonna be trimmed out directly $CSGP ?
3. or the ETFs will run 500+1 & 100+1 ?
4. or it will happen gradually given some ETFs have rebalancing quarterly window ?
This is what Bloomberg thinks
https://preview.redd.it/bxatbz13f43h1.png?width=1149&format=png&auto=webp&s=8ef09dc7bb99d06566ace2e8f9315560947465f2