SpaceX IPO at 250B-Plus Would Push S&P 500 Tech Weight Above 45 Percent

Tech's S&P weight already sits near 38%, above the 35% peak seen in 2000; a SpaceX inclusion at the projected valuation would set a level without precedent in modern index history. With top-10 names already at 38% of ^GSPC market cap, passive mechanical buying on pricing day becomes a structural risk for NVDA and MSFT