SpaceX to join Nasdaq 100 on July 7, may spur passive fund inflows
SpaceX will be added to the tech-heavy Nasdaq 100 index on July 7, exchange operator Nasdaq confirmed on Friday, June 26 paving the way for a surge in passive investments in Elon Musk’s rocket and AI giant. Inclusion in the index typically boosts the stock price, as exchange-traded funds looking to replicate the index’s performance…
