After the largest IPO in history, it entered the index at lightning speed; despite a 4.9 billion yuan loss, institutions can’t stop hard buying—Musk is winning again.

CoinWorld News: SpaceX will officially join the Nasdaq 100 and Russell 1000 indices on July 7, 2026. This move comes less than a month after its initial public offering (IPO), which was the largest public offering in history. This inclusion will force passive funds to buy its stock regardless of price, potentially affecting SpaceX's valuation outlook. Nonetheless, SpaceX still recorded a net loss of $4.9 billion last year, and market views on its valuation remain controversial.