The Stock Market Will Make History on July 7. Here's What Investors Need to Know Now.
SpaceX will be the first mega-IPO stock to join the Nasdaq-100 under its new fast-track entry rules.
Overview
Space Exploration Technologies (NASDAQ: SPCX) officially went public on June 12. In the process, it became the largest initial public offering (IPO) ever and currently has a total market cap of more than $2 trillion.
On July 7, the company and the stock will make history again. Not only will SpaceX officially join the Nasdaq-100 index, but it'll also be the first to do so under the newly created "fast-track entry" rules for mega-IPOs.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
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