SpaceX Joins Nasdaq 100 as Analyst Firm Predicts 90% Upside
SPCX•SpaceX has been added to the Nasdaq 100 index, triggering a wave of fresh buy ratings from equity analysts. A veteran analyst firm now forecasts up to 90% upside for SpaceX shares based on strong growth prospects in Starlink subscriptions and launch services.
1. Nasdaq 100 Inclusion
SpaceX meets the market-cap and liquidity requirements for the Nasdaq 100 and will be added at the next quarterly rebalance. Inclusion means passive and index-tracking funds will need to acquire SpaceX shares, potentially boosting daily trading volumes and reducing share-price volatility.
2. Analyst Bullish Outlook
A veteran analysis firm has turned bullish on SpaceX, projecting a 90% gain in share value. Their forecast rests on accelerating Starlink subscriber growth, a ramp in commercial and government launches this year, and expanding margins from reusable-rocket operations.
