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SpaceX Joins Nasdaq-100 Index, Enters QQQ ETF

July 7, 2026

1 min read

Key Takeaways

SpaceX joins the Nasdaq-100 index.
Inclusion in the index means QQQ ETF holders will own a piece of SpaceX.
SpaceX's market capitalization exceeds $2.1 trillion.
Analysts begin issuing ratings and price targets for SpaceX stock.

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Strategic Implications

SpaceX's inclusion in the Nasdaq-100 index may indicate growing investor confidence in the company's long-term prospects. The move could also suggest a shift in the market's perception of SpaceX as a major player in the technology and space industries, which may have implications for its competitors and the broader market.

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What Happened

Elon Musk's Space Company Set To Land In Millions Of Investors' Portfolios

SpaceX is set to join the Nasdaq-100 index, which means holders of the Invesco QQQ Trust ETF will automatically own a piece of the company. With a market capitalization of over $2.1 trillion, SpaceX is already a top-10 company in the Nasdaq composite. The company’s inclusion in the index is expected to boost demand for its stock, and analysts have begun issuing ratings and price targets. This development was reported by Investor’s Business Daily.

Source | Originally Published: July 6, 2026

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