SpaceX has joined the Nasdaq-100 just 15 trading days after a record $1.75 trillion IPO, with Nasdaq adjusting its own rules to accommodate the move.
The exchange fast-tracked the company into its prestigious index, bypassing the standard three-month listing requirement.
Analysts cautioned that the decision sets a problematic precedent, raising questions about the consistency of index inclusion criteria.
The rapid addition underscored the scale and attention surrounding SpaceX’s market debut.
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Sources:
https://www.cnbc.com/world/