SpaceX Lands on the Nasdaq-100: What Comes Next for Investors

SpaceX has been added to the Nasdaq-100 index following its record IPO and $2 trillion valuation, making it one of the world's most valuable companies. However, the stock tumbled 7% on its first day in the index and currently trades at a valuation of over 100x its 2025 revenue, which analysts warn may be unsustainable without exceptional near-term growth. While index inclusion will generate buying demand, the high valuation could continue to pressure the stock price.