On June 12, Elon Musk's artificial intelligence and space infrastructure conglomerate, Space Exploration Technologies (better known as SpaceX) (NASDAQ:SPCX), rewrote Wall Street's record books. The company's initial public offering (IPO) raised $85.7 billion, including the underwriters' overallotment, nearly tripling the $29.4 billion raised by Saudi Aramco's IPO in December 2019. SpaceX was also the catalyst that led committees to rewrite the rules governing index inclusion. Shortly after its debut, it was fast-tracked into the Nasdaq-100, Russell 1000, and Russell 3000. Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
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