SpaceX to join Nasdaq-100 index on July 7, 2026
SpaceX will be added to the Nasdaq-100 index before the market opens on July 7, 2026.
The inclusion is expected to prompt index funds and ETFs to buy shares, likely increasing demand due to mandatory portfolio rebalancing.
Estimates suggest passive investors could purchase up to $4.3 billion in shares from Nasdaq-100 inclusion and $3 billion from Russell index reweighting.
Liquidity may be constrained due to a limited public float, as only $100 billion in shares are publicly trading versus a $2 trillion market cap