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Why this report matters

SpaceX is preparing what could be the largest IPO in stock market history, but the most important story is not the listing itself. It is what happens in the 15 trading days that follow. This report builds on our previous publication, Beyond Space: 7 Stocks Positioned for the SpaceX IPO Trade. Where that report focused on the equity ecosystem surrounding SpaceX, this one addresses a dimension the market has largely overlooked: the mechanical impact of index inclusion on a float so small it has no modern precedent.

Once SpaceX lists, passive trackers managing $520 billion in Nasdaq 100 assets will be forced buyers, and the supply available to absorb that demand is a fraction of what those flows require. Alongside our 10x Research Space 7-stock basket, we present three additional vehicles carrying direct SpaceX exposure, each with a different risk profile, fee structure, and degree of concentration.

SpaceX share price (LHS) vs. SpaceX Market Cap (RHS)

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