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CNBC
SpaceX stock closes below debut price at $148 in two-day slide after Nasdaq 100 inclusion
SpaceX's stock closed at $148, falling below its debut price of $150 for the second consecutive day after being added to the Nasdaq 100 index. The company's rapid inclusion was facilitated by recent changes in the index rules for new public companies. This follows a successful initial public offering where SpaceX raised $85.7 billion, leading to a peak share price of $201.80 shortly after the debut. The current decline reflects broader market adjustments to the new index composition and investor sentiment surrounding the stock's performance.
MonitorConfidence: MediumShort term horizon
Published 8 Jul 2026, 20:55 UTC1 min read
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Summary
TL;DR
- SpaceX's stock closed below its IPO price of $150 for the second day.
- The company was included in the Nasdaq 100 shortly after its IPO.
- The IPO raised $85.7 billion, the largest in history.
- SpaceX's stock peaked at $201.80 on June 16.
- Recent Nasdaq rule changes allowed SpaceX's quick inclusion.
Interesting facts
- The inclusion in the Nasdaq 100 requires index funds to purchase shares.
- SpaceX offered shares at $135, leading to significant initial gains.
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