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SpaceX Stock Heads for Nasdaq 100 – Here’s What to Expect

SpaceX Stock Heads for Nasdaq 100 – Here’s What to Expect

SpaceX (SPCX) will join the Nasdaq 100 on July 7, just 15 trading days after its initial public offering, setting a record as the fastest index inclusion in the benchmark’s history.

The confirmation came one day before Musk’s 55th birthday. His aerospace company will enter one of the world’s most closely tracked equity benchmarks just weeks after its public debut.

SpaceX’s Record IPO and Nasdaq Entry

SpaceX listed on the Nasdaq on June 12, pricing shares at $135 per share. The company raised roughly $75 billion in what became the largest IPO in history.

That placed SpaceX’s initial valuation at $1.77 trillion. It entered the…

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