SpaceX Joins Nasdaq-100 Index on July 7 as One of Fastest Major IPO Additions

According to Odaily, SpaceX will officially be added to the Nasdaq-100 index on July 7, marking one of the fastest major IPO inclusions in the index's history. Historical precedent shows index inclusions do not always signal sustained gains; prior cases have peaked near inclusion dates followed by pullbacks. Palantir Technologies declined approximately 25% in the weeks following its December 2024 Nasdaq-100 addition.
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