SpaceX could eventually become part of your 401(k), but how soon that will happen depends on what kind of funds you are invested in.

The newly-public firm will join the Nasdaq-100, an index with 100 of the largest non-financial companies, as soon as early July. That will mean SpaceX is also included in any funds that track the Nasdaq-100, like the popular Invesco QQQ Trust.

But it will be at least a year before the company becomes part of the S&P 500, and possibly longer since the index requires positive earnings across four quarters combined. SpaceX reported a loss in its latest quarter.

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Both President Donald Trump and Iranian President Masoud Pezeshkian have signed an interim peace agreement that will allow for the Strait of Hormuz to be reopened, while Iran is allowed to sell its oil without sanctions.

SpaceX shares dipped on Wednesday for the first time since the company’s record IPO, ending a three-session winning streak.

Warsh’s First Big Test

This was expected to be a year of long-awaited interest rate cuts. But the Iran war has not only crushed those hopes, now, Federal Reserve officials expect a hike at some point this year.

The Federal Open Market Committee opted to keep interest rates steady at between 3.5% and 3.75%, but half of the 18 officials favored at least one rate increase in 2026. The S&P 500 faltered on the news, shedding 1.2%.

One submission was notably absent from the “dot plot” of each member’s interest rate projections, which newly-appointed Fed chair Kevin Warsh confirmed was his, as he has long criticized forward guidance.

Warsh seeks to curb the central bank’s........

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