SpaceX entered the Nasdaq-100 index less than a month after its public-market debut, making it one of the fastest newly listed companies to join the technology-focused benchmark.

J.P. Morgan estimated that the inclusion could generate approximately $4.3 billion in passive inflows from funds tracking the index. SpaceX received a 1.34% index weight, while several major investment banks initiated coverage of the company following the listing.

Source: reuters.com