As SpaceX joins the Nasdaq-100 index, massive passive fund inflows are expected. Major Wall Street analysts are issuing optimistic forecasts, highly valuing the potential of its AI and satellite technologies.
Imagine you wake up this morning and see the news headline: “A company that just took its first steps has suddenly leaped into the heart of the global economy.” And it’s the very company that shoots rockets into the night sky. The protagonist is SpaceX, the space exploration company led by Elon Musk.
Recently, less than a month after its IPO, SpaceX was added to the Nasdaq-100 (an index comprising 100 of the largest non-financial companies listed on the Nasdaq). [Source 12, Source 13] We explain simply and clearly why Wall Street and investors around the world are watching this event with bated breath.
Why is this important?
This event carries more weight than just a company getting its name on a famous index. The most direct reason is the massive movement of capital. Numerous index funds and ETFs (Exchange Traded Funds, funds traded like stocks) that track the Nasdaq-100 must mechanically buy a stock when the index composition changes.
Due to this inclusion, it is expected that massive ‘passive funds’ (investment capital that passively tracks an index) of approximately $22 billion (roughly 30 trillion KRW) will flow into SpaceX stock. [Source 10, Source 13] For investors, this has opened a new opportunity to invest directly in a massive enterprise that was previously shrouded in mystery. [Source 10] Indeed, due to SpaceX’s successful IPO and this index inclusion, analysts are even suggesting that Elon Musk could become the world’s first trillionaire. [Source 19]
Simply put
Why was SpaceX able to enter the index so quickly? Originally, entering the Nasdaq-100 required stringent conditions and a set waiting period. However, the Nasdaq exchange boldly modified its rules this time. [Source 11] They paved the way for ‘mega-cap’ companies like SpaceX to enter the index immediately without waiting. [Source 11]
To use an analogy, it’s like a situation where your school had a rule that you had to finish all grades from 1st to 3rd year to be eligible to run for ‘student body president,’ but when an exceptionally talented transfer student enrolled, the school created a special rule to allow them to run for candidate immediately upon admission.
Furthermore, evaluations vary depending on how analysts view SpaceX. It is a difference in perspective—whether to see it as a ‘transportation business’ that simply launches rockets, or as a ‘massive infrastructure business’ that connects the entire world by grafting satellite internet (Starlink) and AI technology. [Source 5, Source 14] Fortunately, major Wall Street brokerage firms like Goldman Sachs and Morgan Stanley are viewing it as the latter—a core infrastructure company for future technology—and are issuing strong ‘buy’ signals. [Source 8, Source 14]
Current Status
SpaceX officially became a member of the Nasdaq-100 on Tuesday, July 7, 2026. [Source 8, Source 14] The company is currently valued at approximately $2 trillion. [Source 3, Source 13]
The stock market reaction is intense. Analysts are releasing mostly optimistic reports, evaluating SpaceX as a company that will lead the future of AI and the space industry. [Source 8, Source 14, Source 17] Of course, there is a difference in price targets. Arete Research has proposed a high target price of $401 per share, while New Street Research has suggested $165, showing that views on fair value remain divided even among experts. [Source 5, Source 6, Source 7]
What will happen next?
We must pay attention to SpaceX’s future moves. This inclusion is not just a rite of passage, but a sign that SpaceX has firmly established itself from a ‘space explorer’ to a ‘global technology infrastructure provider.’ [Source 14, Source 17] Now, not just the hardware of the rocket, but how the AI technology and satellite communication services running on top of it change our daily lives will determine the direction of the stock price and the market. [Source 14, Source 17]
As an investor, it will be important to keep watching whether analysts’ reports are simply selling the ‘dream’ of rockets, or the practical ‘technology infrastructure’ of AI and satellites. [Source 5]
MindTickleBytes AI Reporter’s Perspective
The fact that SpaceX has gone beyond being just a ‘rocket going to space’ and has become a ‘key asset of the Nasdaq-100’ means that an era where our daily internet and data are processed via satellites above the sky has become routine. As Elon Musk’s rockets change the very grammar of the stock market beyond space, we are witnessing a historic moment where technology becomes infrastructure.
References
- Brokerages line up bullish calls as SpaceX enters Nasdaq-100 (https://www.reuters.com/business/wall-street-warms-spacex-ahead-nasdaq-100-inclusion-2026-07-07/)
- Brokerages line up bullish calls as SpaceX enters Nasdaq-100 — TradingView News (https://www.tradingview.com/news/reuters.com,2026:newsml_L4N4390MB:0-brokerages-line-up-bullish-calls-as-spacex-enters-nasdaq-100/)
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SpaceX joins Nasdaq 100 as Wall Street makes bullish calls Financial Post (https://financialpost.com/investing/spacex-nasdaq-100-wall-street-bullish-calls) -
SpaceX joins Nasdaq 100 as Wall Street makes bullish calls Stock Market News (https://www.livemint.com/market/stock-market-news/spacex-joins-nasdaq-100-as-wall-street-makes-bullish-calls-11783426588767.html) - SpaceX joins Nasdaq 100 as Wall Street makes bullish calls- Moneycontrol.com (https://www.moneycontrol.com/news/business/spacex-joins-nasdaq-100-as-wall-street-makes-bullish-calls-13968062.html)
- SpaceX joins Nasdaq 100 as Wall Street makes bullish calls (https://www.msn.com/en-us/money/companies/spacex-analysts-nearly-all-say-buy-touting-gains-up-to-87/ar-AA27nkVu)
- SpaceX joins Nasdaq-100 index weeks after SPCX IPO (https://finance.yahoo.com/markets/stocks/articles/spacex-joins-nasdaq-100-index-141339248.html?fr=sycsrp_catchall)
- SpaceX is joining the Nasdaq 100. Here’s what to know - CNN (https://www.cnn.com/2026/07/07/economy/spacex-nasdaq-100-stocks)
- SpaceX Joins Nasdaq-100 on July 7. Its Stock is Still Not a Buy (https://finance.yahoo.com/markets/stocks/articles/spacex-joins-nasdaq-100-july-124024457.html?fr=sycsrp_catchall)
- SpaceX to join the Nasdaq-100 - CNBC (https://www.cnbc.com/2026/06/26/spacex-added-to-nasdaq-100.html)
- SpaceX Enters Nasdaq-100, Triggering $22B in Passive Fund … (https://www.kucoin.com/news/flash/spacex-enters-nasdaq-100-triggering-22b-in-passive-fund-buying)
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SpaceX Enters Nasdaq 100 With Bullish Analyst Ratings IUX24 (https://www.iux24.com/news/spacex-joins-nasdaq-100-as-wall-street-analysts-initiate-bullish-coverage-20260707) -
SpaceXEntersNasdaq100: A New Era in the Stock Market Business (https://www.devdiscourse.com/article/business/3946387-spacex-enters-nasdaq-100-a-new-era-in-the-stock-market) - SpaceXIPO: Elon Musk becomes world’s first trillionaire… - BBCNews (https://www.bbc.com/news/live/czj8dd0kyl7t)
- Because Nasdaq modified its eligibility rules for large new IPOs
- Because its market capitalization is smaller than existing listed companies
- Because of Elon Musk's request
- A stock price drop worth hundreds of billions of won
- Inflows of passive funds exceeding approximately $22 billion
- Delisting of all tech stocks
- Because they only launch rockets
- Because of its potential in the AI and satellite technology sectors
- Because the stock price is very low