SpaceX Enters Nasdaq-100: Implications for Stock Price and Market Impact
SpaceX (SPCX) has been added to the Nasdaq-100 (^NDX), triggering potential forced buying by index funds. This inclusion could drive up to $8 billion in passive demand, according to BNP Paribas, though limited float may temporarily support the stock price.
Tickers: $SPCX
Topics: float restrictions Nasdaq-100 inclusion passive investing stock market