SpaceX to Join Nasdaq 100 on July 7, Triggering Estimated $4.3B in Passive Inflows: JPMorgan

NAS100-1.60%
QQQX0.02%
According to Reuters and JPMorgan, SpaceX will be added to the Nasdaq 100 index on July 7, potentially attracting $4.3 billion in passive fund inflows. Index inclusion typically boosts stock prices as ETFs tracking the index are required to purchase shares of newly added companies. SpaceX went public on the Nasdaq on June 12.
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