SpaceX set to unlock $4.3B in forced buying with Nasdaq-100 entry
Covered by 2 sources · 2 articles
2 outlets - including Coinedition and Crypto - are covering this story. SpaceX will join the Nasdaq-100 before trading begins on July 7, marking a major milestone just weeks after its public debut. The addition is expected to trigger billions of dollars in automatic share purchases as index-tracking funds rebal…
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SpaceX Set for Nasdaq-100 Entry as $4.3 Billion in Fund Buying Looms
SpaceX will join the Nasdaq-100 before trading begins on July 7, marking a major milestone just weeks after its public debut. The addition is expected to trigger billions of dollars in automatic share purchases as index-tracking funds rebal…
SpaceX set to unlock $4.3B in forced buying with Nasdaq-100 entry
SpaceX has been scheduled to enter the Nasdaq-100 Index on July 7, a move that JPMorgan estimates could generate about $4.3 billion in automatic buying from passive investment funds. According to a Nasdaq announcement, SpaceX will join the…