IN BRIEF: Nasdaq confirms SpaceX to join Nasdaq 100 index from July 7

(AWP Alliance News) - Space Exploration Technologies Corp - Starbase, Texas-based rocket, satellite and artificial intelligence company - Nasdaq late Friday confirms that SpaceX will join the Nasdaq-100 index prior to the New York market open on Tuesday, July 7. The decision to include Elon Musk's loss-making space and AI technology company in the stock index had already been announced by Nasdaq prior to SpaceX's record-breaking initial public offer earlier this month. Inclusion in the Nasdaq 100 means that index tracking investment funds will need to include SpaceX in their portfolios from July 7. Nasdaq says its index of 100 of the largest non-financial companies listed on the exchange is track by more than 200 investment products with over USD800 billion in assets under management.

Current SpaceX stock price: USD153.23 for USD2.02 trillion market capitalisation

12-month change: up 14% from USD135 IPO price

By Tom Waite, Alliance News editor

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