AI News

BloombergAbhishek Vishnoi

SpaceX’ Nasdaq-100 entry ties the mega-IPO to index-tracking flows, lifting Wall Street trading volumes and prompting bullish fi

SpaceX has joined the Nasdaq-100, forcing the large QQQ ETF to buy shares and creating a real-time test of whether passive index-tracking funds distort markets. The move follows a blockbuster SpaceX IPO that has boosted U.S. Wall Street activity and is expected to support second-quarter bank earnings, with underwriters now free to issue initial equity research.

2026-07-06T23:44:44.991231-07:00

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