SpaceX Is Declining: Could This Unstoppable ETF Be the Best Way to Invest in It This Year?

Since Space Exploration Technologies (NASDAQ: SPCX) debuted connected the banal marketplace connected June 12, it has been connected a rollercoaster ride. SpaceX, arsenic it is amended known, saw an expected leap successful its archetypal mates of trading days due to the fact that of what was intelligibly precocious request for the stock, but it is present down implicit 28% from its June 16 precocious (as of the July 13 marketplace open).

SpaceX's banal is apt to beryllium a roller-coaster thrust for the foreseeable future, but investors are present getting vulnerability to it done 1 of the market's astir fashionable ETFs. Some investors admit the recently added holding, portion others aren't excessively keen. In either case, does SpaceX's summation presumption it to beryllium 1 of the champion ETFs to clasp this year?

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The Nasdaq makes a peculiar lawsuit

The Invesco Nasdaq QQQ ETF (NASDAQ: QQQM) is present galore investors' instauration to SpaceX. The Nasdaq-100 is an scale that tracks the 100 largest non-financial companies trading connected the Nasdaq banal exchange. Since SpaceX checks some of those boxes, it's officially successful the scale -- but overmuch quicker than immoderate different institution has before.

Typically, to beryllium included successful the Nasdaq-100, a institution indispensable person traded for 3 months and conscionable trading measurement requirements. The Nasdaq changed those requirements to marque it easier to usher SpaceX into the index. Now, a institution indispensable lone commercialized for 15 days, which made SpaceX eligible for the scale connected July 6.

Where volition SpaceX acceptable successful the Nasdaq-100?

Although QQQM isn't a pure-play tech ETF, it's dominated by tech companies. Here are its apical 10 holdings arsenic of July 10:

Data source: Invesco.

As of marketplace unfastened connected July 13, SpaceX is the sixth-most-valuable institution connected this list, but it won't beryllium weighted that way. The weighting is based connected a company's interval (shares disposable to the wide public), and since SpaceX's is precise tiny close present (around 4%), it won't leap up of companies similar Tesla and Meta, which person little marketplace caps. SpaceX's percent successful QQQM is presently 1.21%.

Is QQQM the champion concern of 2026?

SpaceX aside, QQQM is 1 of the champion ETFs if you're looking for tons of tech vulnerability without being afloat babelike connected the sector. It's 68.5% tech stocks, truthful there's inactive a flimsy hedge if the assemblage hits a unsmooth period, which isn't far-fetched considering however costly tech stocks person become.