SpaceX Joins Nasdaq-100 in 15 Days and Secures Buy Ratings
SPCX•SpaceX became the fastest company ever added to the Nasdaq-100 index only 15 trading days after its IPO, marking the world’s largest IPO to join so swiftly. Major Wall Street banks have issued bullish buy ratings on SpaceX, lifting analyst sentiment toward the stock.
1. Fastest Nasdaq-100 Inclusion
SpaceX was added to the Nasdaq-100 index just 15 trading days after its IPO, breaking the record for the quickest inclusion. The company’s sizable market capitalization, the largest IPO to date, met the index criteria through accelerated listing rules and strong secondary trading volumes.
2. Wall Street Bullish Ratings
Multiple major Wall Street banks initiated or reaffirmed buy ratings on SpaceX, highlighting its growth prospects in satellite internet and launch services. Analysts cited robust backlog, expanding Starlink subscriber base, and anticipated revenue growth as key drivers behind raised sentiment.
