SpaceX will be added to the Nasdaq-100 Index before the market opens on July 7, 2026, Nasdaq confirmed. That makes it one of the fastest index inclusions for a newly public company: SpaceX began trading on Nasdaq under the ticker SPCX only on June 12. The move was enabled by Nasdaq’s updated methodology, which allows faster inclusion of very large newly listed companies.

For investors, the key impact is passive demand. ETFs and funds tracking the Nasdaq-100 will need to buy SpaceX shares to match the index. J.P. Morgan estimates the inclusion could generate about $4.3 billion in passive inflows.

Still, index entry does not remove valuation concerns. SpaceX shares have already seen sharp swings since the IPO. Demand remains strong, but Morningstar’s Michael Field warned that the stock looks overvalued. The risk is amplified by SpaceX’s limited free float, with much of the company still controlled by insiders, including Elon Musk.

S&P Global is taking a more cautious approach. Unlike Nasdaq, S&P Dow Jones Indices decided not to fast-track mega-cap IPOs into the S&P 500. SpaceX will still need to meet standard requirements around trading history, profitability and public float. So the Nasdaq-100 inclusion gives SpaceX an immediate index boost, but the road to the S&P 500 remains longer.