Investors who put $1,000 into SpaceX (NASDAQ: SPCX) stock after the company’s addition to the Nasdaq-100 Index have seen their investment decline amid a pullback in the shares.
SpaceX stock traded around $149 on July 7, shortly after joining the Nasdaq-100. With shares changing hands at approximately $123 at press time, a $1,000 investment made following the index inclusion would now be worth about $826, representing a loss of roughly 17%.
The decline comes after SpaceX enjoyed strong momentum following its June 2026 initial public offering.
The company priced its IPO at $135 per share and quickly surged above $225 as investors piled into the stock, driven by optimism surrounding its Starlink satellite business, Starship development program, and broader commercial space ambitions.
Notably, SpaceX shares have faced pressure in recent weeks due to a combination of company-specific and broader market factors.
A delayed Starship test flight caused by engine-related issues weighed on investor sentiment, while concerns over upcoming lockup expirations raised expectations of increased share supply entering the market.
At the same time, rising short interest and a broader rotation away from high-growth stocks have contributed to the stock’s decline.
Despite the recent weakness, SpaceX continues to benefit from growing Starlink revenue and a strong backlog of government and commercial contracts, supporting its position as one of the leading companies in the space industry.
Nasdaq-100 addition marked a major milestone
SpaceX’s inclusion in the Nasdaq-100 represented a significant achievement for the newly public company.
The index tracks the 100 largest non-financial companies listed on the Nasdaq exchange and is followed by numerous exchange-traded funds (ETFs) and institutional investors.
Inclusion typically increases a stock’s visibility, liquidity, and ownership among passive investment funds that track the benchmark.
The move also placed SpaceX alongside some of the largest technology companies in the market, further boosting investor interest following its IPO.
