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International Business Times
International Business Times
Business

The Nasdaq 100 Will Get Its Quarterly Rebalance This Month. It Could Be a Boon For SpaceX.

SpaceX is set to get a higher weighting in the Nasdaq 100 after its quarterly rebalance, which will take place later in September. (Credit: Getty Images)

SpaceX is set to get a higher weighting in the Nasdaq 100 after its quarterly rebalance, which will take place later in September.

Bloomberg detailed that the figure is a result of several factors, but shares that have been released following lock-up periods will help lift it.

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