SpaceX is about to become a fixture in one of the most-watched stock indexes on the planet. Nasdaq confirmed that SPCX, the ticker for Elon Musk’s aerospace company, will be added to the Nasdaq-100 index on July 7, 2026, just weeks after the company went public in what became the largest IPO in history.
A fast-track rule for mega-cap IPOs allows companies that meet specific market capitalization thresholds within 15 trading days to skip the usual waiting period. SpaceX cleared that bar with room to spare.
The IPO that broke records
SpaceX debuted on Nasdaq on June 12, 2026, raising $75 billion at an initial price of $135 per share. That placed the company’s market valuation somewhere between $1.75 trillion and $1.77 trillion at listing. Shares opened at $150, a roughly 11% pop from the IPO price. Since then, SPCX has traded in a range of $150 to $160 amid heavy volume.
The company, founded by Musk in 2002, has roughly 22,000 to 23,000 employees and operates both its Starlink satellite internet network and its reusable rocket technology business.
