Spacex Set To Join Nasdaq 100 Paving Way For Wave Of Passive Buying
Economic Times
SpaceX is set to join the Nasdaq 100 index on July 7, a move expected to attract billions in passive investment.
This inclusion follows Nasdaq's relaxed entry criteria, making it easier for companies like SpaceX, which has shown fluctuating profitability, to enter major indices. While some see this as a positive sign of demand, others remain skeptical about the company's valuation.
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