SpaceX Shares Down 35% From Peak After Nasdaq-100 Addition
SPCX•SpaceX shares have declined 35% from their record high since joining the Nasdaq-100 earlier this quarter. The slide underscores waning investor appetite despite the company’s elevation into a marquee index.
1. Nasdaq-100 Inclusion
SpaceX secured a spot in the Nasdaq-100 earlier this quarter, marking its first entry into a major U.S. equity benchmark and raising expectations for increased passive fund inflows.
2. Post-Inclusion Share Performance
Since the index upgrade, SpaceX shares have fallen 35% from their all-time high, as profit-taking and a shift toward other high-growth names have outweighed new buying interest.
