SpaceX Shares Rise Ahead of Nasdaq 100 Inclusion on July 7 (SPCX)
Key takeaways
- The inclusion is expected to generate substantial passive investment demand as exchange-traded funds and other index-tracking products adjust their portfolios to reflect the benchmark's new composition.
- With the IPO priced at US$135 per share, investors who participated in the offering remain ahead by roughly 14%.
- Following the completion of the IPO, analysts at Baird believe investor focus may increasingly shift towards the possibility of a merger between Tesla and SpaceX.
Space X Shares Rise Ahead of Nasdaq 100 Inclusion on July 7 (SPCX) Fiona Craig Mon, June 29, 2026 at 6:02 PM GMT+7 4 min read SPCX ^NDX Space X Falcon rocket launch ©Mil Pic Space X (NASDAQ:SPCX) shares gained more than 1% in premarket trading on Monday after Nasdaq confirmed the aerospace and satellite communications company will be added to the Nasdaq 100 index on 7 July.
The inclusion is expected to generate substantial passive investment demand as exchange-traded funds and other index-tracking products adjust their portfolios to reflect the benchmark's new composition.
SpaceX shares finished Friday up 0.15% at US$153.23, closing just above their IPO opening price. Although the stock initially rallied to an intraday high of US$225.64 following its market debut, it has since surrendered much of those gains. Last week, shares fell 16.4% after KeyBanc adopted a more cautious stance, arguing that the company's valuation had become increasingly demanding after its post-IPO surge.