SpaceX's runway for future growth is limitless. However, the stock commands an ultra-premium valuation. SpaceX will be a top-10 stock by market cap, but its index weight will be far lower (initially).
Nasdaq announced that Elon Musk’s SpaceX would join the Nasdaq-100 index. Assuming the company meets the exchange’s requirements, index-tracking funds — like the popular Invesco QQQ Trust (QQQ) — can ...
The Nasdaq 100 has become a favorite among ETF investors because it’s home to some of the world’s biggest tech names. But ...