SpaceX is poised to receive billions of dollars in passive investment flows after its rapid inclusion in the Nasdaq-100 index, while Wall Street brokerages have initiated coverage of the aerospace and satellite company with overwhelmingly positive ratings, according to a Reuters report.
The Elon Musk-led company was added to the tech-heavy Nasdaq-100 on Tuesday, less than a month after making its stock market debut on June 12. This swift inclusion follows Nasdaq's revised eligibility rules for newly listed companies, making SpaceX one of the fastest firms to enter the widely tracked benchmark.
