SpaceX shares have continued to fluctuate in a narrow range recently, but as the Nasdaq 100 Index undergoes quarterly rebalancing later this month, a new round of buying is likely to arrive soon. There are two key factors: one is that the index, which has a high weight in technology shares, has a rule that has received less attention in the compilation method; second, the lockdown period for Elon Musk's shareholders, a satellite and space exploration company, expired in batches, and these lockdowns have limited the number of shares that can be traded until now. When determining the weight of constituent shares, NASDAQ will calculate it based on the company's market value, but the total number of issued shares or three times the number of freely tradable shares is used, which is the lower value. This means that if a share's free circulation share — excluding shares held by insiders or shares still under lockdown — is low, then not all of its market value will be included in the index weight calculation.

SpaceX shares have continued to fluctuate in a narrow range recently, but as the Nasdaq 100 Index undergoes quarterly rebalancing later this month, a new round of buying is likely to arrive soon. There are two key factors: one is that the index, which has a high weight in technology shares, has a rule that has received less attention in the compilation method; second, the lockdown period for Elon Musk's shareholders, a satellite and space exploration company, expired in batches, and these lockdowns have limited the number of shares that can be traded until now. When determining the weight of constituent shares, NASDAQ will calculate it based on the company's market value, but the total number of issued shares or three times the number of freely tradable shares is used, which is the lower value. This means that if a share's free circulation share — excluding shares held by insiders or shares still under lockdown — is low, then not all of its market value will be included in the index weight calculation.