Just One Lap | 28.05.2026 10:05
Nasdaq has changed how its flagship Nasdaq-100 index works, and the timing is no accident. SpaceX is heading for an IPO that could value it at up to US$1.75trillion, and the rule changes that took effect on 1 May 2026 are tailor-made for exactly this listing. If you own a Nasdaq ETF – and a lot of South African investors do (either on the JSE or the QQQM)- you are about to own SpaceX.
