SpaceX is scheduled to join the Nasdaq 100 index on July 7 following its record-breaking initial public offering in June. The stock rose sharply after the debut but has since declined from its peak.
SpaceX raised $75 billion in the largest IPO of all time in mid-June. Shares climbed as high as $225 shortly after the June 12 offering before falling to $162 last week.
The company ticker SPCX will officially enter the tech-heavy Nasdaq 100 index today. This milestone comes after a period of elevated investor interest tied to the AI infrastructure sector.
Historical examples show mixed results for recent additions. Palantir joined the index on Dec. 23 2024 and later fell about 25 percent. Strategy entered on the same date after peaking near $543 in November and has since traded around $100.
