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.
SpaceX is slated to join the Nasdaq 100 index on July 7, a move anticipated to draw billions in passive investment. This inclusion is a result of Nasdaq's eased entry requirements, enabling companies with fluctuating profitability like SpaceX to enter major indices. While some…
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