SpaceX’s stock price traded near $161.15 on Monday, down 0.52% as sellers capped early gains. The move came before SPCX entered the Nasdaq 100 before the market opened on Tuesday. Traders are watching whether demand for indices can support a stronger recovery. However, resistance near $162 remains the first major hurdle for buyers this week.
SpaceX will join the Nasdaq-100 tomorrow
SpaceX will do that Join the Nasdaq 100 on July 7, shortly after it made its public market debut in June. This is an odd time to do this since it takes companies many years to hit major indices. Nasdaq’s updated rules now allow for faster inclusion of newly listed large companies. This shift has enabled SpaceX to reach the standard much faster than usual.
A listing could create strong demand Event for SPCX stock. JPMorgan is believed to have approximately 4.3 billion funds and passive buying of ETFs. Such funds must adapt portfolios to the Nasdaq-100 format. Hence, traders expect more liquidity and increased interest in the stock.
🚨 SpaceX joins the Nasdaq-100 tomorrow@SpaceX $SPCX It will enter the Nasdaq 100 before #market Opens July 7th.@JP Morgan He appreciates #Inclusion It could lead to $4.3 billion worth of passive buying from index funds and #Traded Funds.#SpaceX It also holds 18,712 bitcoins: original, making it one… pic.twitter.com/5S82SfV8U1
— CoinGape (@CoinGapeMedia) July 6, 2026
But the expected purchase does not eliminate all risks surrounding the listing. SpaceX has a high market capitalization, but its listed shares are few. Elon Musk along with other insiders remains major shareholders in the company. Such a structure can make it more volatile, as index funds fight over stocks.
Nasdaq rule change boosts market interest
SpaceX’s rapid entry comes after Nasdaq’s decision to relax index seasoning rules for large initial public offerings. The rule change allows eligible companies to join after a reduced post-listing period. This change reinforces the large IPOs that already receive significant interest from investors.
In the case of SPCX, the timing is a solid arrangement for a Tuesday listing. Funds that track the Nasdaq 100 may require shares when a company joins the index. The demand is able to raise liquidity and boost confidence in the new listing. But forced buying may evaporate as the rebalancing process slows.
SpaceX Stock Price Forecast: Will SPCX Rise to $180 This Week?
SPCX stock is hovering around $162 after pulling back on Monday after rallying to higher levels. SpaceX stock price fell from the $165 to $166 area and fell to the $160 support level.
This rejection indicates that sellers were playing in the upper range during the day. Therefore, buyers have to recover $162 before momentum improves.
A bullish break above $162 would bring $165 back into the limelight. If the size gets better, SPCX stock price A previous rejection can be retested for about $170. Any further rise above $170 could pave the way to $180 this week. Furthermore, traders can keep an eye on the stretch targets at $190 and $200.
On the downside, $160 remains the key short-term support level for the bulls. A break below this area could send SPCX towards $157. If selling pressure increases, the stock could fall back to the $155 support level.
For now, the inclusion of the Nasdaq 100 remains the main bullish catalyst for the SPCX. Negative buying could help the bounce provided buyers protect the $160 area.
