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Elon Musk's SpaceX to Join the Nasdaq 100 Index
Bloomberg Television· 2026-07-07 14:13
Let's talk about that SpaceX issue generating billions of dollars worth of passive buying because it joins the Nasdaq one 100 today. Nicolas Owens of Morningstar has a sale rating at $62 price target on the stock writing, we see SpaceX shares as overvalued. Index funds buying the stock will likely offset some, but not all the supply of shares coming available from lockups.He joins us now for more. Nick, welcome to the program. It's good to see you.When I buy SpaceX, if I buy it, what am I buying. What is th ...