Less than a month after its June 12 IPO, SpaceX has been added to the Nasdaq-100, effective July 7, one of the quickest index inclusions on record after a new listing. J.P. Morgan estimates roughly $4.3 billion will flow into SPCX shares as index-tracking funds rebalance their portfolios. The fast-track was made possible by Nasdaq recently relaxing eligibility rules on profitability and float. Not financial advice. Are you buying SPCX before index funds are forced to?
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