SpaceX begins trading June 12 in the largest IPO ever and under Nasdaq's March 2026 fast-track rule is expected to trigger roughly $7B in forced index-fund buying of the Nasdaq-100 that QQQ tracks. Combined with the Iran peace-deal optimism that lifted tech sharply on June 11 (+3.4%) and Nasdaq futures pointing higher, the short-term tailwind favors a higher close.