SpaceX confirmed to get a weighting boost after Nasdaq 100 rebalancing: Bloomberg

[Headquarters of SpaceX in Hawthorne, California] Sven Piper/iStock Editorial via Getty Images SpaceX (SPCX [https://seekingalpha.com/symbol/SPCX]) will account for a larger weighting of the Nasdaq 100 (NDX [https://seekingalpha.com/symbol/NDX]) when the quarterly rebalance of the index takes effect next week, Bloomberg reported on Saturday, confirming provisional data published by the index provider last week. According to data obtained by Bloomberg and calculated based on the company’s last closing price, Elon Musk’s rocket, satellite, and AI company will make up 2.82% of the Nasdaq 100 (NDX [https://seekingalpha.com/symbol/NDX]) after rebalancing on Monday, a sizable increase from its current weighting of roughly 1.28%.