SpaceX enters the Nasdaq 100, and passive funds are forced to pick up the slack—this valuation game is getting more and more surreal.

CoinWorld News: SpaceX will officially join the Nasdaq 100 and Russell 1000 indices on July 7, 2026. This move comes less than a month after its initial public offering (IPO), which was the largest public offering in history. This inclusion will force passive funds to buy its stock regardless of price, potentially affecting SpaceX's valuation outlook. Nonetheless, SpaceX still recorded a net loss of $4.9 billion last year, and market views on its valuation remain controversial.