SpaceX Joins Nasdaq-100: Implications for Investors
SpaceX has been added to the Nasdaq-100, a move that will require index funds tracking it to purchase shares in proportion to its weight. Despite SpaceX's $2 trillion market cap and high profile, its initial float is small (about 4%), limiting its immediate impact on the index.
Tickers: $SPCX
Topics: investing IPOs Nasdaq-100 SpaceX