Could SpaceX Surge When It Joins the Nasdaq-100? Maybe, but History Says the Bounce Won't Last.
History isn't on the side of investors hoping to score a quick profit from SpaceX's inclusion in the Nasdaq-100.
Overview
Have you considered buying shares of Space Exploration Technologies (NASDAQ: SPCX)? Even if you haven't, you could soon own a stake in the high-profile company. On Tuesday, July 7, 2026, millions of Americans will become SpaceX investors -- whether they wanted to or not.
SpaceX will be included in the Nasdaq-100 index only 15 trading days after its initial public offering on June 12 -- the largest IPO in stock market history. Could the space stock surge when it joins the technology-heavy index? Maybe. Even if it does, history suggests the bounce won't last long.
Image source: Getty Images.
Details
Source
Originally published at www.fool.com.
Related Articles
- Trump's calls, Ukraine's strikes and Russia's barrage on Kyiv put markets on alert
- President Trump Sells Palantir Stock and Buys an AI Stock Up 2,100% Since 2023
- Apple Could Have Purchased Any of 487 S&P 500 Companies -- but CEO Tim Cook Chose to Invest $853 Billion Into This Game-Changing Opportunity
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.