SpaceX IPO Spurs Lunar-Stock Rally, Shares to Join Nasdaq-100 July 7
SPCX•SpaceX’s IPO listing reframed the space sector as an investable theme, sparking rallies in lunar-infrastructure stocks such as Intuitive Machines, which reported Q1 2026 revenue of $186.7 million and a $1.1 billion backlog. Shares will join the Nasdaq-100 index on July 7, likely triggering sizable passive-fund inflows and higher trading volumes.
1. SpaceX IPO Reframes Space Sector
The June 27 IPO of Space Exploration Technologies Corp reframed the broader space economy as a public-market investment theme, driving a rally in stocks tied to lunar infrastructure and Moon-base initiatives.
2. Intuitive Machines’ Strong Q1 and Backlog
Intuitive Machines reported Q1 2026 revenue of $186.7 million—nearly triple the prior year—and holds a contracted backlog of $1.1 billion, fueled by its $800 million acquisition of Lanteris Space Systems and multiple government awards.
3. Nasdaq-100 Index Addition
SpaceX shares will join the Nasdaq-100 index on July 7, a move expected to attract significant passive-fund allocations and boost overall trading volumes for the newly public company.
