The Nasdaq 100 ETF (QQQ) is recommended as a 'boring' but effective way to gain exposure to SpaceX. Due to recent Nasdaq rule changes, SpaceX will be added to the index within 15 days of its IPO and overweighted due to its small float, forcing QQQ to automatically buy SpaceX shares. This allows investors to benefit from the 'squeeze' without active trading.
“If you own QQQ, the index is automatically buying SpaceX for you. So, you get the squeeze without trying to time the squeeze.” — ▶ Clip ansehen