SpaceX Joins the Nasdaq 100 in the Fastest Index Debut Ever
SpaceX joined the Nasdaq 100 on July 7, just fifteen trading days after its IPO, the fastest inclusion ever under Nasdaq's new fast-track rule. The move forces more than 200 index funds holding roughly 800 billion dollars to buy the stock, with J.P. Morgan estimating 4.3 billion dollars in passive inflows.