SpaceX has achieved one of the fastest entries into the Nasdaq-100 index, as announced by Nasdaq after market close on Friday. This inclusion is expected to prompt index-tracking funds and other investment products to start acquiring SpaceX shares after the market closes on July 6, with the company officially joining the index before trading begins on July 7.
This event is crucial as it indicates strong investor confidence and could lead to increased demand for SpaceX shares, potentially impacting its stock price positively in the near term