[abeppu]

Before the IPO there was much concern that the changes in rules to allow fast inclusion in indices like Nasdaq-100 and Russell 1000 would mean that there would be an artificially elevated price. Was that effect just over-estimated? Or should SPCX have dropped even further without that support?

[pandaman]

It's not an estimated effect - it's pretty evident as any long index position is automatically long $SPCX and yes, it would have been even lower without these forced buys.