SpaceX joins Nasdaq-100. Passive funds win.

SpaceX is the story only because CNBC says it’s getting fast-tracked into the Nasdaq-100. That means index funds have to buy it, whether they like the price or not. The real shift is uglier: human allocators are getting replaced by a rules engine, and passive systems are eating judgment in finance one rebalance at a time. If passive money can force a buy, what else gets automated next — analysts, portfolio managers, or the whole decision layer? Finance: analysts, or rules and robots? Pick a side in the comments.