How to Invest in SpaceX Stock After Its Nasdaq-100 Debut

SpaceX's stock has declined 17% since joining the Nasdaq-100 in July and fallen below its $135 IPO price, despite the index inclusion forcing ETF purchases. The stock peaked at $225.64 in mid-June but faces headwinds from high valuation multiples (87x revenue), unprofitability across segments, and upcoming share unlocks. While analysts project 97% revenue CAGR through 2028, investors should consider whether such bullish estimates are realistic before buying.