SpaceX joins Nasdaq index amid strong buy recommendations

Space Exploration Technologies has joined the NASDAQ 100 index following coverage from six major brokers, including Morgan Stanley and Goldman Sachs. Morgan Stanley’s team forecasts the stock price rising from $160.42 to $300. This inclusion comes as part of technical adjustments that allow large-cap companies to enter indices quickly, expected to attract investment inflows of $5.4 billion. Despite this, the stock declined by 1.8% in pre-market trading.

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