Posts  / TQQQ  / #POST-238674
REDDIT

Is anybody else dumping the Nasdaq 100 due to SpaceX?

P
May 22, 2026 · 22:04

I juast read that Elon is basically folding the financial disasters of X and Tesla into SpaceX prior to the SpaceX IPO, and that SpaceX has basically been fast-tracked into the Nasdaq 100 index, so that regardless of how shitty the fundamentals of the stock are, the price will be supported by required buy-ins of index funds, ETFs, etc.

This seems pretty manipulative, so I'm steering clear of the Nasdaq index, TQQQ, etc. for a while.

How does everybody else feel?