Sky News Business Reporter Ed Boyd discusses SpaceX’s upcoming inclusion in the Nasdaq-100 on Wednesday. “It’s going to be part of the index of the top 100 stocks on the Nasdaq,” Mr Boyd said. “Index funds are going to need to start buying SpaceX shares to have them as part of their portfolio

R 'Ray' Wang discusses SpaceX joining Nasdaq-100 and explains the memory chip market's triopoly and how AI drives huge demand for high-bandwidth memory chips, signaling a boom period.

SpaceX was added to the Nasdaq-100 on July 7 after the index changed its rules to include the IPO. Initially, it will make up less than 1% of the Nasdaq-100. As SpaceX's lockups expire, it will likely represent more of the Nasdaq-100.

SpaceX’s swift addition to the Nasdaq-100 index is expected to unleash billions in passive buying, as brokerages kicked off coverage of the $2 trillion rocket and satellite company with largely bullish views.