WSJ Tech News Briefing · Monday, July 6, 2026
SpaceX is set to be officially added to the Nasdaq 100 index tomorrow, prompting index-tracking funds with $800 billion in assets to prepare for significant share purchases. While this inclusion is expected to provide a short-term boost to SpaceX's stock price, long-term gains are not guaranteed.
“And SpaceX will officially join the Nasdaq 100 index tomorrow, following Nasdaq's decision to fast track newly public mega-cap companies.”
“That means index tracking funds are gearing up for a buying spree.”
“Mutual funds and ETFs with a collective $800 billion in assets track the Nasdaq 100 and are expected to purchase shares of the rocket company after today's close.”