The Stock Market Will Make History on July 7. Here's What Investors Need to Know Now.

SpaceX officially went public on June 12 as the largest IPO ever with a $2 trillion market cap. On July 7, it will join the Nasdaq-100 index under new fast-track entry rules for mega-IPOs, becoming the first company to do so. The stock is expected to have approximately 1% weighting in the index, impacting ETFs like QQQ and QQQM.