SpaceX shares will be added to the Nasdaq 100 index effective July 7, the exchange operator confirmed Friday.
The inclusion takes place before market open, marking one of the fastest paths to the benchmark for a newly public company following Elon Musk’s aerospace firm going public.
The move is expected to trigger a significant wave of passive investment flows into the stock.
Funds and ETFs that replicate the Nasdaq 100 index will be forced to buy shares to match the benchmark’s composition, providing a structural bid for the stock regardless of broader market sentiment.
This development underscores the rapid market integration of SpaceX since its initial public offering.
The inclusion highlights the growing weight of technology and aerospace giants in major US indices, as investors seek exposure to the company’s rocket and artificial intelligence ventures through standardized index products.