SpaceX To Get Weighting Boost In Nasdaq 100 After Rebalance
SpaceX is set to get a larger weighting in the Nasdaq 100 later this month, a change that could trigger billions of dollars of buying by passive funds tied to the benchmark.
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SpaceX is set to get a larger weighting in the Nasdaq 100 later this month, a change that could trigger billions of dollars of buying by passive funds tied to the benchmark.
SpaceXโs stock has been stuck in a tight trading range recently, but a wave of new buying may soon arrive when the Nasdaq 100 Index goes through its quarterly rebalancing later this month.
One by one, Tesla Model Y Ls roll out of the companyโs end-of-line inspection bays, gleaming in black, white and gold. They are a mix of left-hand and right-hand drive โ one of many signs the electric vehicles (EVs) produced here are destined for ports around the world. The company touts a total assembly time of less than 40 seconds at its sprawling Gigafactory in Lingang, a coastal area on the far southeastern edge of Shanghai. From there, Tesla says, a finished car can reach the port and be...