"SpaceX joining the Nasdaq has been scheduled."

Recently, the Nasdaq Stock Exchange confirmed that SpaceX will be included in the Nasdaq 100 Index on July 7th, Eastern Time, which will drive a huge influx of passive funds into this tech giant. Typically, after a company is included in an index, its stock price tends to rise because exchange-traded funds that track the index performance will buy the newly added company's stock. JPMorgan estimates that SpaceX's inclusion in the Nasdaq 100 Index could attract $4.3 billion in passive fund inflows. According to the original index admission criteria, SpaceX may not have been included in the Nasdaq 100 Index so quickly. "Clearly, there is a great market demand, so they have accelerated the process of including the stock in the index," said Michael Field, Chief Equity Market Strategist at Morningstar. However, unlike other index providers, this month, S&P Global stated that they will not change the requirements for SpaceX to enter its major indices, and will consider adding it to the index only after at least 12 months.