BY COMFORT OGBONNA

SpaceX officially joined the Nasdaq 100 index on Tuesday, creating a new wave of investor demand for the Elon Musk-led rocket and satellite company as Wall Street firms began issuing their first major research reports following its historic market debut. The inclusion is expected to trigger billions of dollars in passive investment flows as index funds and exchange-traded funds adjust their holdings to reflect SpaceX’s addition.

Shares of SpaceX slipped 1.2% in early premarket trading, but investor enthusiasm remains strong as analysts begin evaluating the company’s long-term growth potential. The company entered the Nasdaq 100 just 15 days after its stock market debut on June 12, making it one of the fastest additions in the index’s history following updated Nasdaq rules that allow certain newly listed companies to qualify for major benchmarks more quickly.

The move is expected to provide anoth

Original article