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Technology · 15 June 2026

SpaceX shares rise after huge market debut

SpaceX shares rise after huge market debut

More money could flow into index funds and ETFs that hold the stock as major benchmarks prepare to add it. On Monday, SpaceX gained over 6% in early trading after a strong first day on Nasdaq, while Elon Musk said on Sunday the company could reach $1 trillion in revenue by 2030. Jefferies estimates FTSE Russell inclusion may bring $2.68 billion from passive investors.

Reported by Reuters · How we write briefs

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