JPMorgan: SpaceX's inclusion in the Nasdaq 100 index could bring in $4.3 billion in passive fund inflows
According to Reuters, Nasdaq has confirmed that SpaceX (SPCX) will be included in the Nasdaq 100 Index on July 7, which may bring a wave of passive fund buying for the stock. Inclusion in the index typically boosts stock prices, as ETFs that track the performance of the relevant index need to purcha...