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Rob Isbitts

SpaceX Stock Scores a Much-Needed Win After Joining the Russell 1000. Intense Index Concentration Means Retail Investors Are Still the Biggest Losers.

SpaceX Russell SPCX Rob Isbitts ETF

Following its historic IPO, SpaceX (SPCX) has been desperate for any sort of buying pressure that could reverse its 33% dive from $225 to the $150 level.

It found it last Friday, June 26, when Russell announced that it would add SPCX to the Russell 1000 Index as part of its semi-annual index reconstitution.

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