Alphabet Is Joining the Dow Jones Industrial Average. 3 Surprising Reasons Why SpaceX Could Be Next.

Alphabet is set to replace Verizon Communications in the Dow Jones Industrial Average, according to S&P Dow Jones Indices’ announcement on June 23. The change continues a broader reshuffling: since 2020, seven of the Dow’s 30 components have been updated, with additions including Honeywell International, Salesforce, Amgen, Amazon, Nvidia, Sherwin-Williams and, now, Alphabet. Deletions have included RTX, ExxonMobil, Pfizer, Walgreens Boots Alliance, Intel, Dow and Verizon. The article then argues that Space Exploration Technologies—listed as SpaceX (NASDAQ: SPCX)—could be a potential next candidate, citing its share of U.S. commercial space launches and its expansion plans tied to broadband satellite work and AI-focused projects. It also points to SpaceX’s market size within the “$2 trillion club,” positioning it as a sizable U.S. company. The discussion highlights possible long-term fits and obstacles.