SpaceX set to join Nasdaq-100 today. Will index entry fuel its next rally?

SpaceX is set to join the Nasdaq-100 index today, July 7. This inclusion could trigger approximately $4.3 billion in passive investment inflows. Companies joining the index often experience a share price boost from tracking funds. SpaceX was also recently added to the Russell 1000 index. Investors will observe if the index entry fuels further stock gains.

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