SpaceX set to join Nasdaq-100 today. Will index entry fuel its next rally?

SpaceX is all set to enter the tech-heavy Nasdaq-100 index on Tuesday, July 7, less than a month after its blockbuster listing, marking one of the fastest additions to the index.

The inclusion could provide another boost to investors, with JP Morgan estimating it may trigger about $4.3 billion in passive inflows, according to a Reuters report.

Companies added to the Nasdaq-100 often see a boost in their share price as index-tracking ETFs and mutual funds are required to buy the stock to mirror the benchmark.


Popular funds such as Invesco's QQQ and QQQM are among those that track the index.

Recently, SpaceX was also fast-tracked into the Russell 1000 index as part of FTSE Russell's annual index reconstitution. The stock has been classified as a growth company, making it a component of growth-focused investment portfolios linked to the Russell 1000.

Meanwhile, ahead of SpaceX's market debut, S&P Global said it was not changing the eligibility criteria for its major indices, effectively ruling out a quick entry for the world's biggest-ever IPO into the benchmark S&P 500.

To be included in the S&P 500, a company must be profitable under Generally Accepted Accounting Principles in its most recent quarter as well as for the sum of its most recent four quarters, according to one of the rules S&P left unchanged.

According to Reuters, SpaceX posted a net loss of $4.94 billion in 2025, ⁠even as revenue ‌rose 33% to $18.67 billion.

After the IPO last month, SpaceX shares have been on a roller-coaster ride. The stock, which was priced at $135 a share and debuted on Nasdaq at $150, surged as much as 67% to an intraday high of $225.64 on June 16 before retreating to $153.23 at Friday's close.

Even after the pullback, the stock remains about 20% above its listing price.

However, whether the anticipated passive inflows translate into fresh gains remains to be seen. With SpaceX shares having rallied sharply following their IPO before giving up much of those gains, investors will be watching whether the index inclusion has already been priced in.