SPACEX TO JOIN NASDAQ-100 INDEX ON TUESDAY

SpaceX will be added to the Nasdaq-100 index on Tuesday, according to reports from financial news sources. The aerospace company will not join the S&P 500 for at least another year, market analysts noted. The addition is expected to increase volatility within the Nasdaq-100, which has historically exhibited greater price swings than the S&P 500. The timing of SpaceX's inclusion into the narrower index comes as trading activity in the company's options market remains active.

Options trading in SpaceX recorded approximately half a million contracts by midday Monday, slightly below the average volume recorded since inception, according to financial data. The Nasdaq-100 comprises 100 of the largest non-financial stocks listed on the exchange, making it a significant benchmark for technology and growth-oriented investors. The index has demonstrated greater volatility than the broader S&P 500 in recent periods. SpaceX's addition will introduce a company with substantial market capitalisation to this more volatile index.

The delayed inclusion of SpaceX in the S&P 500 may extend the existing volatility gap between the two indexes for at least the next year. Investors tracking both indexes will experience different exposure to SpaceX during this period. The company's entry into the Nasdaq-100 marks a significant milestone in its public market participation following its recent listing.