The Nasdaq 100 is undergoing another major reshuffle, with several fast-growing technology firms preparing to enter the index while anticipation builds around the future addition of SpaceX.

Nasdaq Global Indexes confirmed Thursday that Rocket Lab, Astera Labs, CoreWeave, Nebius, and Teradyne will officially be added to the Nasdaq 100 prior to market open on June 22. The update comes as part of the index’s routine quarterly rebalance process.

The latest additions reflect the continued surge in demand for artificial intelligence infrastructure, cloud computing, semiconductor technology, and space innovation. Rocket Lab becomes one of the newest aerospace companies to gain broader institutional exposure through the index, while firms such as CoreWeave and Astera Labs continue benefiting from rapid AI-related expansion.

Meanwhile, investor attention remains firmly fixed on SpaceX, which is scheduled to begin trading on the Nasdaq on Friday following one of the largest public offerings ever recorded. The company’s IPO raised approximately $75 billion, dramatically surpassing previous records and further intensifying speculation around its eventual inclusion in major benchmark indexes.

Earlier this year, Nasdaq introduced updated eligibility rules that allow newly listed companies to qualify for the Nasdaq 100 much sooner than under previous guidelines. Under the revised structure, companies such as SpaceX may become eligible for entry after only a short trading period rather than waiting several months.

Although similar changes had been considered for the S&P 500, S&P Dow Jones Indices recently confirmed it would maintain its traditional inclusion standards, delaying any accelerated path for newly listed megacap technology firms.

Membership in indexes such as the Nasdaq 100 remains highly valuable for public companies because it significantly increases visibility among institutional investors, exchange-traded funds, and index-tracking portfolios. Hundreds of investment products worldwide are benchmarked against the Nasdaq 100, representing hundreds of billions of dollars in managed assets.

As part of the latest rebalance, several existing members will exit the index to create space for the incoming companies. Charter Communications, Cognizant Technology Solutions, Insmed, Verisk Analytics, and Zscaler are all scheduled to be removed.

The Nasdaq 100 tracks the largest non-financial companies listed on the Nasdaq exchange and is widely viewed as one of the most influential technology-focused indexes in global markets.