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

SpaceX is set to join the Nasdaq-100 index, with JP Morgan estimating about 4.3 billion dollars in passive inflows from index-tracking funds such as Invesco's QQQ. The stock, priced at 135 dollars at IPO and debuting at 150 dollars, surged as much as 67% to an intraday high of 225.64 dollars before retreating to 153.23 dollars at Friday's close. Meanwhile, S&P Global kept its eligibility rules unchanged, effectively barring SpaceX from a quick S&P 500 entry; the company posted a net loss of 4.94 billion dollars in 2025 despite a 33% revenue rise to 18.67 billion dollars.