The announcement boosted investor interest during a broad risk-on session. The Communication Services sector gained 1.59%, making it the market’s second-best-performing sector, while the S&P 500 advanced 1.25%.Nasdaq-100 Inclusion Drives FocusNasdaq said Elon Musk’s SpaceX will become a component of the Nasdaq-100 Index before trading begins on Tuesday, July 7, 2026. Companies added to major indexes often benefit from increased demand as index-tracking funds adjust their portfolios.The broader market also provided support. The Invesco QQQ Trust, which tracks the Nasdaq-100, climbed 1.82%. Market breadth remained positive, with advancing stocks outnumbering decliners by about 1.8-to-1. Meanwhile, the iShares Russell 2000 ETF fell 1.15%, showing that gains were concentrated in large-cap growth stocks.SpaceX, Charter Reportedly Discuss Consumer Mobile PartnershipAccording to Bloomberg, the discussions would see Charter route some of SpaceX’s mobile traffic through its ground-based network, supporting SpaceX’s plans to expand Starlink Mobile into a direct-to-consumer offering. SpaceX currently offers Starlink Mobile as a $10-per-month add-on through T-Mobile US Inc. (NASDAQ:TMUS), enabling text messaging and internet-based calls in remote areas.Analyst OutlookThe stock carries a Hold consensus rating from seven analysts, with an average price forecast of $158.33. Forecasts range from $115 to $190. Recent analyst actions include: