SpaceX Index Era Sets Up Clash Among Shorts and Passive Billions
AI Summary
SpaceX's stock has lost momentum after its market debut, but will receive strong mechanical buying as it is included in major indexes. This may impact investors betting against the company.
SpaceX’s stock has started to lose momentum after its blockbuster market debut. But investors betting against Elon Musk’s newest public company will soon face a different force: billions of dollars in mechanical buying as the stock enters major indexes.