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SpaceX moves into company of tech titans

Shafaqna English- Nasdaq confirmed on Friday(26 Jun 2026) that SpaceX will join its tech-focused Nasdaq 100 index on July 7, opening the door for a significant increase in passive investment flowing into Elon Musk’s aerospace and artificial intelligence powerhouse.

Being added to the index usually drives up the company’s share price, because exchange-traded funds that aim to mirror the index’s returns purchase shares of the new entrant.

Source: Reuters

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