SpaceX to join the Nasdaq-100 in a fast-tracked process that will drive huge ETF buying demand
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- Space X became one of the quickest additions ever to the Nasdaq-100 index, setting up a fresh wave of buying from passive investors less than a month after the company's blockbuster public debut.
- Nasdaq announced after the close Friday that Space X qualifies for inclusion in the benchmark technology index.
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Space X became one of the quickest additions ever to the Nasdaq-100 index, setting up a fresh wave of buying from passive investors less than a month after the company's blockbuster public debut.
Nasdaq announced after the close Friday that Space X qualifies for inclusion in the benchmark technology index. Assuming the company meets the requirements, index-tracking funds and other product sponsors would begin purchasing shares after the market closes on July 6, with SpaceX officially joining the Nasdaq-100 before trading begins on July 7.