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$SpaceX(SPCX)$ , Elon Musk's cosmic powerhouse just felt the heavy pull of Earth's gravity. It dropped a sharp 4.02% in a single session as the highly anticipated 2nd round of insider share lifting ban officially expired.
I found a way to stop stressing about SpaceX insider lockup expiration date and focused my zen on just buying $Invesco NASDAQ 100 ETF(QQQM)$ . After all SpaceX has been fast tracked into this powerful ETF. This takes the stress out of worrying about the 4% drop.
The good news is that being included in Nasdaq 100 index, means that passive index funds tracking the index are now legally required to automatically acquire millions of SpaceX shares to mimic the index's weight. This massive buying block builds an ironclad support for SpaceX shares.
QQQM also includes the Tech Titans of the AI revolution like the Magnificent 7.
Investing can be so simple with QQQM.
@Tiger_comments @TigerStars @Tiger_SG
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