SpaceX to join Nasdaq-100 on July 7 in record-fast inclusion

Nasdaq said SpaceX (SPCX) will be added to the Nasdaq-100 Index before the open on Tuesday, July 7, just 15 trading days after its June 12 IPO - the fastest inclusion in the benchmark's history. SpaceX is the first company to benefit from a new Nasdaq rule that fast-tracks large IPOs into the index by cutting the eligibility window to 15 trading days. The addition, which gives SpaceX a sub-1% weighting, is expected to force index funds and ETFs tracking the Nasdaq-100 to buy billions of dollars of SPCX shares.