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It is estimated that the SpaceX IPO created more than 4,000 millionaires. SpaceX, which joined the Nasdaq-100 index on Tuesday, isn’t likely to be the only mega IPO this year. BlackRock joins the QQQ fray.

SpaceX is taking the fast lane to inclusion in the Nasdaq-100, but concerns about what it will do to the index may be overblown.

Nasdaq confirmed SpaceX will enter the benchmark index on July 7, unlocking an estimated $4.3 billion in passive fund purchases

<p>The SpaceX IPO on Friday sent markets soaring, with ETFs like the <a href="https://www.etf.com/nasa">Tema Space Innovators ETF (NASA)</a> benefiting from investors’ enthusiasm and interest. </p>

OpenAI (OPAI.PVT) is the latest private AI company to file for a mega-IPO, putting its public launch in direct competition with Anthropic's this fall. OpenVC founder and CEO David Shapiro compares the two pre-IPO companies. SpaceX (SPAX.PVT) is expected to go public on the Nasdaq this Friday, June 12, under the ticker SPCX, with the space operator aiming for an IPO price of $135 per share.

After a mixed day on Wall Street Monday, stocks are looking to advance today. Crude oil is pulling back, while gold, silver, and Treasuries are mostly flat. The dollar is lower.

Why the stock will be in your Nasdaq 100 fund but not your S&P 500 fund—and other quirks of the largest IPO ever.

<p>SpaceX is going public on June 12 — nine days from now — at a valuation of approximately $1.75 trillion, which would make it the largest IPO in history. For ETF investors, the event is unavoidable: index rules will force an estimated $22–27 billion in automatic buying from funds tracking the S&P 500 and Nasdaq-100. Here's which ETFs will hold SpaceX, when they'll buy, and what the IPO means for your portfolio.</p>

Yardeni expects strong retail demand for the AI-3 IPOs, noting that brokers have already begun inviting clients to participate in the SpaceX offering.

Stock Market Today: The Dow Jones index rose Monday amid ongoing hopes for a U.S.-Iran deal. Nvidia stock jumped on a new chip.

The pitch for ERShares Private-Public Crossover ETF (NYSEARCA:XOVR) is simple. You cannot buy SpaceX shares on your brokerage app, but XOVR can, and the fund packages that exposure inside a normal ticker you trade like any other ETF. XOVR now holds ~$281 million in SpaceX, which works out to about 23% of the fund. Yet ... XOVR Promised Pre IPO SpaceX Upside, But It Is Down 2% YTD While the S&P 500 Is Up 9%

<p>Active fixed income continues to grow while passive equity investors may be biting off more than they care to chew in the coming months should SpaceX make it into benchmark indices post-IPO. Don’t miss this riveting <em>ETF Zoo </em>episode that covers everything from the Corgi cannon of ETF launches to the value of a cockroach portfolio in today’s markets. </p>

Space-related funds are seeing a surge of inflows as investors eagerly await the IPO of Elon Musk's SpaceX (SPAX.PVT). In the latest installment of Yahoo Finance's ETF Report, TMX VettaFi head of research Todd Rosenbluth to talk about the ETFs that could draw in the most investors — like the Procure Space ETF (UFO) — as interest in the broader space economy grows. Rosenbluth goes on to weigh in on prediction market ETFs that are set to launch.

Space-related funds are seeing a surge of inflows as investors eagerly await the IPO of Elon Musk's SpaceX (SPAX.PVT). In the latest installment of Yahoo Finance's ETF Report, TMX VettaFi head of research Todd Rosenbluth to talk about the ETFs that could draw in the most investors — like the Procure Space ETF (UFO) — as interest in the broader space economy grows. Rosenbluth goes on to weigh in on prediction market ETFs that are set to launch.