🚀 SpaceX joining the Nasdaq-100 SpaceX shares surged over 7% after Nasdaq announced it’s officially joining the Nasdaq-100 index before market open on July 7.  JPMorgan estimates the index inclusion alone could drive roughly $4.3 billion in passive inflows  as index funds are forced to buy in. Worth remembering: SpaceX only went public on June 12, in what became the largest IPO in history on the Nasdaq  — and it’s already forcing its way into one of the most-tracked indexes on the planet less than a month later. Anyone holding $SPCX (or whatever the ticker ends up being) since the IPO, or sitting this one out? 👀
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SpaceX Joins Nasdaq-100: Impact on Index Funds | Market News | Blossom Social