SpaceX Enters the Nasdaq-100 as Critics Warn of Concentrated CEO Power

By Elizabeth Lopatto · The Verge · 2026-07-20

According to reporting from The Verge, the recent public debut of SpaceX has forced index funds to buy into the aerospace giant despite concerns regarding its valuation. A specific rule change allowed the company to join the Nasdaq-100 just fifteen days after its initial public o

According to reporting from The Verge, the recent public debut of SpaceX has forced index funds to buy into the aerospace giant despite concerns regarding its valuation. A specific rule change allowed the company to join the Nasdaq-100 just fifteen days after its initial public o