How the SpaceX IPO Could Affect These Popular Nasdaq ETFs

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':"";if(r){var a=n.promos.showYahooLogo?"":"yns-no-logo";r=r.replace("{notifOnboardBtnLabel}",n.promos.notifOnboardBtnLabel).replace("{notifOnboardMsg}",n.promos.notifOnboardMsg).replace("{subscriptionTopic}",n.promos.subscriptionTopic).replace("{noLogoClass}",a).replace("{promoLogo}",n.promos.promoLogo)}var s=t.newCount>n.panel.maxCount?t.newCount:"",c=n.panel.notificationCenterPath,l=c?"":R,u=n.panel.headerMsg?"":" "+R,d=c?U:"",p=void 0;t.count?p=t.markup:p='{emptyPanelMsg}'.replace("{emptyPanelMsg}",n.panel.emptyPanelMsg);return e=e.replace("{notifMarkup}",p).replace("{promoMarkup}",r).replace("{hideClass}",l).replace("{notifCenterLink}",c).replace("{paddingClass}",d).replace("{headerMsg}",n.panel.headerMsg).replace("{hideHeaderClass}",u).replace(/{notificationCenterNavMsg}/g,n.panel.notificationCenterNavMsg).replace(/{newCount}/g,s)}},{key:"render",value:function(e,t){var n=this;if(n._panelNode){var o=void 0,i=n._panelNode,r=void 0,a=void 0;switch(e){case"expanded_panel":o='{promoMarkup}{notifMarkup}',a=n._store.getNotifications(),r=n._generatePanelMarkup(o,a),i.innerHTML=r;break;case"error_panel":r=(o='{errorMsg}').replace("{errorMsg}",n._config.panel.errorMsg),i.innerHTML=r}t&&t()}else t&&t(new Error("No panel parent"))}},{key:"createPanelParentNode",value:function(e){e&&(e.innerHTML='',this._panelNode=document.getElementById(P))}},{key:"updateBadgeNode",value:function(e){if(e){var t=this._store.getNotifications().newCount,n=this._config.badge.maxCount;if(t){var o=t>n?n+"+":t;e.innerHTML=o}else e.innerHTML=""}}},{key:"addStyles",value:function(e){if(e&&"undefined"!=typeof window){var t=document.getElementById(this._config.panel.styleTagId);t||((t=document.createElement("style")).type="text/css",t.id=this._config.panel.styleTagId,t.innerText=e,document.head.appendChild(t))}}}]),e}(),j=function(){function e(t,n,o){E(this,e);var i=this;i._store=n,i._view=o,i._config=t;var 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The space company is rumored to be targeting a June listing date on the Nasdaq.Due in large part to Musk's Tesla returning a jaw-dropping 2,280% over the past decade, retail investors are excited about SpaceX going public. They're getting a crack at up to 30% of the shares. That's triple the usual IPO allocation for retail investors, confirming SpaceX is likely to be one of the hottest IPO stocks in recent memory for the non-professional crowd.Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue »The IPO also has wide-ranging implications for some well-known exchange-traded funds (ETFs), including the Invesco QQQ ETF (NASDAQ: QQQ) and the Invesco NASDAQ 100 ETF (NASDAQ: QQQM). Here's why.The SpaceX IPO could mean a new look for these ETFs. Image source: Getty Images. A quick housekeeping item. The two Invesco funds, which are among the best options for accessing the 100 largest non-financial services stocks trading on the Nasdaq, both track the Nasdaq-100 index. The primary difference between the two is that the Invesco QQQ ETF charges 0.18% annually, or $18 on a $10,000 stake, while its cousin charges 0.15%.So the SpaceX IPO will affect the two ETFs in essentially the same fashion. Addressing those impacts is the fun. Here's the lowdown. For "whale" IPOs such as SpaceX, there's fierce competition between Nasdaq and the New York Stock Exchange (NYSE). Bragging rights and prestige are part of it, but ultimately it's about boosting long-term trading revenue.None of that is lost on Musk. The rumor mill indicates that SpaceX is considering a Nasdaq stock exchange listing, leveraging its lucrative IPO to compel the exchange operator to rapidly include the stock in the Nasdaq-100. But wait, how's that possible? The index rebalances just once a year, in December.It's possible that SpaceX will quickly join the Nasdaq-100, and thus the two Invesco ETFs, as Nasdaq is mulling a "fast entry" rule change. The long and short of it is that if a company's market capitalization puts it within the top 40 of Nasdaq-100 members after 15 trading days, it's eligible for inclusion. SpaceX will fit that bill. For Musk and SpaceX investors, that's relevant because if the stock is included in that gauge, all active managers and passive index funds that benchmark to it have to include it.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoTrending tickersTSLA Tesla, Inc. 360.59 -20.67 (-5.42%)BTC-USD Bitcoin USD 66,840.83 -1,576.28 (-2.30%)SKYQ Sky Quarry Inc. 5.10 +2.57 (+101.58%)SIDU Sidus Space, Inc. 3.0900 +0.9900 (+47.14%)PLUG Plug Power Inc. 2.4100 +0.1600 (+7.11%)PortfolioSign in to access your portfolioSign inTop gainersAAOI Applied Optoelectronics, Inc. 103.91 +17.56 (+20.34%)SBAC SBA Communications Corporation 204.04 +32.48 (+18.93%)YSS York Space Systems, Inc. 28.03 +4.43 (+18.77%)VSAT Viasat, Inc. 53.69 +8.46 (+18.70%)LUNR Intuitive Machines, Inc. 23.99 +3.75 (+18.53%)Top losersKNF Knife River Corporation 73.91 -8.20 (-9.99%)WIX Wix.com Ltd. 81.95 -8.55 (-9.45%)PBH Prestige Consumer Healthcare Inc. 52.48 -5.20 (-9.02%)ENPH Enphase Energy, Inc. 34.92 -3.36 (-8.78%)RGC Regencell Bioscience Holdings Limited 30.80 -2.92 (-8.66%)Most activeNVDA NVIDIA Corporation 177.39 +1.64 (+0.93%)INTC Intel Corporation 50.38 +2.35 (+4.89%)NOK Nokia Oyj 8.82 +0.55 (+6.65%)PLUG Plug Power Inc. 2.4100 +0.1600 (+7.11%)TSLA Tesla, Inc. 360.59 -20.67 (-5.42%)Top economic eventsEarnings eventsMy earnings eventsEarnings events