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Good times continue to roll for Elon Musk's SpaceX (SPCX). According to a Bloomberg report, following the quarterly rebalancing of the Nasdaq-100, the weight of SPCX stock in the index will more than double to 2.82% from 1.28% currently. Notably, this news arrives alongside another key development for the company: the release of Grok 4.7.
Early results for xAI's latest frontier model were encouraging, as the model secured a score of 46.3% on CursorBench, higher than GPT 5.6 Sol Max's score of 41.7% but lower than Claude Fable 5.1 Max's score of 51.8%. Yet, on both input token and output token prices, Grok 4.7 trumped those rival models.
