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SpaceX set to join Nasdaq 100, paving way for wave of passive buying

SpaceX is set to be included in the Nasdaq 100 index on July 7, marking a significant move that could attract billions in passive investments. This inclusion is a result of Nasdaq's relaxed entry criteria, which allows companies with fluctuating profitability to join major indices. The event highlights the changing landscape of investment opportunities and raises questions about valuation and market demand, making it significant for investors and economists alike.