SpaceX will see about $4.3 billion of passive capital inflow, joining the Nasdaq 100 less than a month after listing.

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Mars Finance News, June 29 - Nasdaq confirmed that SpaceX (SPCX) will be officially included in the Nasdaq 100 Index on July 7, less than a month after its listing on June 12, setting one of the fastest inclusion records in the index's history. Under Nasdaq's new rules, certain large IPO companies only need 15 trading days to qualify, significantly shortening the previous several-month waiting period. JPMorgan estimates the inclusion will bring in approximately $4.3 billion in passive fund inflows. Currently, over $800 billion in funds are tied to the Nasdaq 100 Index, and related ETFs and index funds will begin synchronized allocation after the close on July 6. Due to SpaceX's limited float relative to its total market cap, concentrated buying in the short term could have a notable impact on supply and demand. However, market divergence remains. Morningstar's chief equity strategist believes the stock is overvalued, noting that SpaceX reported a net loss of $4.9 billion last year, with significant earnings volatility. Meanwhile, S&P Dow Jones Indices explicitly stated it has no fast-track mechanism, and the S&P 500 still maintains a minimum 12-month waiting period.
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