SpaceX joins major stock indexes as some investors dump ETFs, move overseas and buy rivals to keep Elon Musk out of their portfolios
SpaceX is joining major stock indexes, and some investors are selling ETFs, moving overseas, and buying competitors to keep Elon Musk out of their portfolios.
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SpaceX set to join Nasdaq-100 tomorrow in fast-tracked inclusion; index funds with ~$800B in assets expected to buy shares, potentially boosting the stock short-term.
SpaceX is set to officially join the Nasdaq-100 tomorrow after a fast-tracked index inclusion. Index funds tracking the benchmark, with about $800 billion in assets, are expected to buy shares, potentially boosting the stock in the short term.
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Strategy reports $2.55B USD reserve balance as of July 5 after selling 2,225 Bitcoin for $135.2M; Q2 includes $8.31B unrealized loss on BTC holdings.
Strategy reported a USD reserve balance of $2.55 billion as of July 5, having sold 2,225 Bitcoin for $135.2 million between July 1 and July 5, and disclosed an $8.31 billion unrealized loss for the second quarter.
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