Space Exploration Technologies Corporation (SpaceX) will become part of the Nasdaq-100 starting this Tuesday, the index that tracks the performance of 100 of the largest non-financial companies listed on the Nasdaq market.
Specifically, SpaceX will be integrated into the Nasdaq-100 tomorrow before the opening of the session on Tuesday, July 7, 2026.
The Nasdaq-100 reflects the performance of 100 large non-financial companies listed on Nasdaq and serves as a benchmark for more than 200 investment products that collectively manage over $800 billion (701.234 billion euros) in assets globally.
Thus, Elon Musk's aerospace firm, which starred in the largest stock market debut ever recorded on June 12, will add a new milestone after its recent inclusion in the Russell indices (Russell 1000, Russell Top 200, Russell Small Cap Completeness).
Since May, Nasdaq has applied "fast-track" eligibility criteria designed to accommodate large initial public offerings (IPOs), such as SpaceX's, which allow new securities to enter the selective index starting from the fifteenth trading day.
Conversely, at the beginning of June, S&P Dow Jones Indices decided not to relax its requirements for inclusion in indices such as the S&P 500 and the Dow Jones, maintaining, among other conditions, the obligation of a minimum period of twelve months since the stock market debut.
In this regard, and with the aim of safeguarding the "fundamental principles of the index," the firm argued that market capitalization should not override criteria such as financial strength, track record, and investment capacity.
SpaceX began trading on Nasdaq on June 12, with an initial trade at $150, 11.1% above the $135 set in its offering. After closing that initial day at $160.95, representing a 19.22% increase and raising the company's valuation to $2.1 trillion ($1.84 trillion euros), the shares of the company founded and led by Elon Musk were trading this Monday slightly above $162, representing a gain of nearly 20% over the IPO price.