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SpaceX To Get Weighting Boost In Nasdaq 100 After Rebalance

Source: Bloomberg

Market Technicals & FlowsInvestor Sentiment & PositioningMedia & Entertainment

SpaceX is set to receive a larger Nasdaq-100 weighting later this month, potentially triggering billions of dollars in passive-fund purchases from vehicles tracking the benchmark. The reweighting could provide a near-term technical demand catalyst for SpaceX-linked exposure and affect Nasdaq-100 index flows.

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