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BULLISH STABLE NDX

Excluding Elon Musk's companies from the Nasdaq-100 and S&P 500 could spare investors from potential drops in those stocks.

ARTICLES2
SOURCES2
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MOMENTUM 0pp
FIRST SEENJul 11, 2026
LAST SEENJul 18, 2026
→ TRAJECTORY Quiet

Too little corroboration in the last 3 days to call a trend (2 articles). Watching for it to gain traction.

COVERAGE OVER TIME
0.0%7.5%15.0% Jul 11Jul 18Jul 25Aug 1Aug 8Aug 15Aug 22Aug 29
COVERAGE MIX
Mainstream 1Unclassified 1
RELATED THEMES

Themes moving alongside this one — where the same story is bleeding across assets, and where it's contested.

≈ RELATED The inclusion of SpaceX in the Nasdaq-100 increases passive investors' exposure to Musk-controlled companies. NEUTRAL NDX ⇄ CROSS-ASSET Magnificent Seven Concentration Risk Unwind BEARISH SPX ≈ RELATED Excluding Musk-associated companies from ETFs may reduce corporate governance concerns and share-price volatility. BULLISH NDX ⇄ CROSS-ASSET Excluding Musk's companies from major indexes means missing out on potential gains from those stocks. BEARISH SPX ⇄ CROSS-ASSET S&P 500 Rotation Choppy Conditions NEUTRAL SPX ≈ RELATED Index funds tracking the Nasdaq-100 will significantly outperform S&P 500 index funds due to SpaceX's inclusion in the Nasdaq-100 but exclusion from the S&P 500. BULLISH NDX
SOURCE EVIDENCE

"A P/E ratio above 100 means investors are paying more than 100 times a company's trailing 12-month earnings for its stock—a valuation level that often reflects ambitious growth expectations, market optimism, or premium pricing"

The Economic Times mainstream_finance Source article

"SpaceX slipped nearly 7% on its first day in the Nasdaq-100, which would have spared Ex-Elon holders the drop."

TNW unknown Source article