The company’s swift addition to the Nasdaq-100 underscores shifting index rules and could influence IPO timing, passive fund flows and broader market dynamics.
SpaceX is set to join the Nasdaq-100 on July 7, a move that the report says could drive billions of dollars in index-related inflows and spotlight changing index inclusion rules. The development may reshape how large private companies and prospective issuers think about IPO timing, as faster entry into major benchmarks can accelerate access to passive investment demand. Earlier market chatter around the inclusion had also fueled speculative activity in SPCX on Hyperliquid, where open interest reached $186 million, 24-hour trading volume rose to $260 million, and the token traded at $173, up 6% over the past day. Positioning data showed eight newly opened whale positions, with only one long: an address holding 20,000 SPCX at 8x leverage, with a $160.5 average entry price and about $255,000 in unrealized profit.