Will SpaceX Stock (SPCX) Be Added to the Nasdaq 100? A Complete Guide to SPCX's Index Inclusion Path and MEXC Trading Strategies

On June 12, 2026, SpaceX will officially debut on the Nasdaq Global Select Market under the ticker SPCX, with a fixed offering price of $135 per share and an implied valuation of approximately $1.77 trillion. At this valuation, SPCX would rank among the ten most valuable publicly traded companies in the United States from its very first trading day. But for index fund trackers, passive investors, and traders looking to position ahead of the curve, a more practically meaningful question quickly emerges: Will SPCX be added to the Nasdaq 100 Index (NDX)? If so, what's the timeline? And what would that mean for SPCX's stock price?
This article draws on Nasdaq's official index methodology, SpaceX's SEC S-1 registration statement, and Morningstar's independent analysis to systematically break down SPCX's path to index inclusion — and to explain how traders can use both the SPCX and NAS100 perpetual contracts on MEXC to position around this event.


Key Takeaways

• SPCX structurally satisfies all of the core eligibility requirements for the Nasdaq 100 Index — it will list on the Nasdaq Global Select Market, belongs to a non-financial sector, and at approximately $1.77 trillion in market capitalization easily ranks among the ten largest U.S. companies.
• Standard Nasdaq 100 inclusion procedures require a company to be continuously listed for at least three months (the "seasoning period"), but Nasdaq provides a fast-track inclusion mechanism that allows certain mega-cap IPOs to be included as quickly as 5 trading days after listing.
• In its independent valuation report on SPCX, Morningstar explicitly noted that SPCX is expected to be added to the Nasdaq 100 within approximately 15 trading days after the IPO — a pace that is exceptionally rare in index history and represents a "special arrangement."
• Once SPCX is added to NDX, it is expected to trigger mandatory buying from Invesco QQQ Trust (QQQ) and other passive funds tracking NDX. Total assets tracking NDX globally exceed $300 billion.
• For traders looking to hedge or position ahead of the "index inclusion trade," MEXC's SPCXSTOCK_USDT perpetual contract and NAS100_USDT perpetual contract provide USDT-margined, 24/7 leveraged tools for directional positions in either direction.
• The SPCXSTOCK_USDT perpetual contract is a derivative instrument and does not represent equity in SpaceX, nor does it confer any shareholder rights.

What Is the Nasdaq 100, and Why Does Index Inclusion Matter So Much?


The Nasdaq 100 Index (NDX) is composed of the 100 largest non-financial companies listed on the Nasdaq Stock Exchange, and it is one of the most globally representative benchmarks for technology and growth stocks. Its constituents include the largest tech giants by market capitalization: Apple (AAPL), Microsoft (MSFT), Alphabet (GOOGL), Amazon (AMZN), NVIDIA (NVDA), Meta (META), and Tesla (TSLA).
Being added to NDX is far more than a "badge of honor" — it carries direct capital flow consequences:
First, mandatory buying from passive funds. Total assets tracking NDX globally exceed $300 billion across ETFs and index funds, with Invesco QQQ Trust (QQQ) alone managing close to $300 billion in assets. Once SPCX is added, these passive funds must purchase SPCX shares in proportion to its index weight, creating a natural source of buying pressure.
Second, a step-change in institutional attention. Many large pension funds, sovereign wealth funds, and insurance investment mandates require that their holdings be constituents of "major indices." Inclusion in NDX effectively unlocks the door to this entire category of long-duration capital.
Third, event-driven price effects. Historical data shows that stocks added to NDX typically experience a meaningful "index inclusion premium" between the announcement date and the effective date — with some cases seeing gains exceeding 10%.


Does SPCX Meet the Nasdaq 100 Inclusion Criteria?


According to the official NDX index methodology published by Nasdaq, inclusion in NDX requires meeting the following core criteria simultaneously. Let's verify SPCX against each one.
Criterion One: Must be listed on the Nasdaq Global Select Market. SPCX has confirmed it will list on the Nasdaq Global Select Market under the ticker SPCX. This requirement is fully satisfied. Notably, companies listed on the NYSE — regardless of market cap — cannot be added to NDX. This is precisely why Berkshire Hathaway (NYSE: BRK) has never been part of NDX.
Criterion Two: Must be a non-financial sector company. SpaceX's three operating segments — Space (orbital launch and spacecraft), Connectivity (Starlink), and AI (xAI) — all fall within technology and aerospace under standard ICB sector classification. This requirement is fully satisfied.
Criterion Three: Daily trading volume and liquidity requirements. NDX requires constituents to demonstrate sufficient liquidity. Given SPCX's $75 billion IPO size, unprecedented institutional attention, and the substantial volume of Indications of Interest already submitted by retail investors through Fidelity, Charles Schwab, and Robinhood, SPCX's first-day trading volume is expected to rank among the highest across all listed equities. The liquidity requirement is expected to be easily satisfied.
Criterion Four: Market capitalization scale. At a $1.77 trillion IPO valuation, SPCX would immediately become the seventh-largest U.S. publicly traded company — far exceeding the market cap of nearly all current NDX constituents. This requirement is substantially exceeded.
Criterion Five: Seasoning Period — the only critical variable. This is the core threshold determining whether SPCX can enter NDX quickly, and it deserves a dedicated discussion below.


The Seasoning Period: Does SPCX Need to Wait 3 Months, or Just 15 Trading Days?


Under the standard Nasdaq index inclusion rules, a newly listed company is generally required to trade continuously on the exchange for at least three months (approximately 63 trading days) before becoming eligible for NDX inclusion. NDX's standard reconstitution typically occurs annually in December.
However, Nasdaq has established a fast-track inclusion mechanism: for IPOs of exceptional market capitalization that the Nasdaq index committee deems to have "material impact" on the index's representativeness, inclusion review can be initiated as quickly as 5 trading days after listing. Companies that have benefited from such "special arrangements" historically are extremely rare.
In its independent valuation report on SPCX, the Morningstar analyst team noted that despite calling SPCX "significantly overvalued" at the $1.77 trillion target relative to its $780 billion DCF fair value, the stock could "survive separation and may even ascend, at least for a time," citing one specific reason: SPCX is expected to be added to the Nasdaq 100 within approximately 15 trading days after the IPO.
If this timeline materializes, it would mean SPCX could become an NDX constituent as early as early July 2026 — just weeks after its June 12 debut. The window between announcement and effective date is typically a "crowded trade" period during which institutional capital positions early and passive funds are forced to follow.


What Would NDX Inclusion Mean for SPCX's Stock Price?


The impact of NDX inclusion on SPCX's stock price can be broken down into three layers.
Layer One: Mechanical buying from passive funds. Assuming SPCX enters NDX at a $1.77 trillion market cap, under the modified market-cap weighting methodology used by NDX, SPCX could carry an index weight of roughly 4%–6% (subject to Nasdaq's weight cap rules). QQQ alone would need to purchase several billion dollars worth of SPCX shares — and that's before accounting for the hundreds of additional global index funds tracking NDX.
Layer Two: "Benchmark-following" behavior from active funds. Many active funds benchmarked to NDX establish positions in newly added constituents to avoid excessive "benchmark deviation risk." While not as mechanical as passive flows, the cumulative volume is substantial.
Layer Three: Re-rating of valuation multiples. Inclusion in NDX is often interpreted by the market as a signal of "mainstream validation," potentially supporting higher valuation multiples. Conversely, this can also produce a "buy the rumor, sell the news" pullback once the inclusion is fully priced in.


How to Position for SPCX and NAS100 on MEXC Simultaneously


For traders looking to position around the chain of events leading up to "SPCX entering NDX," MEXC offers two highly complementary perpetual contract instruments.
Tool One: the SPCXSTOCK_USDT perpetual contract. This contract directly tracks the valuation movement of SpaceX's SPCX stock, settled in USDT stablecoin as margin, with leveraged bidirectional trading and 24/7 continuous market access (not constrained by Nasdaq trading hours). If you believe SPCX will benefit from NDX inclusion, you can establish a leveraged long position ahead of the event. If you believe the IPO is overvalued (with Morningstar's $780 billion DCF fair value implying a substantial gap), you can establish a short position as a hedge.
Tool Two: the NAS100_USDT perpetual contract. This contract tracks the performance of the Nasdaq 100 Index as a whole. Once SPCX is added to NDX, the index's constituent composition will change, and the NAS100 perpetual contract's price will reflect this adjustment in tandem. For traders who want to "indirectly bet on SPCX upside without taking single-name risk," the NAS100_USDT perpetual contract offers a diversified alternative.
Critical Risk Disclosure: Both the SPCXSTOCK_USDT perpetual contract and the NAS100_USDT perpetual contract on MEXC are derivative instruments. They do not represent equity ownership in SpaceX, nor do they represent ownership of any underlying constituents of the Nasdaq 100. They confer no shareholder voting rights, dividend entitlements, or governance rights of any kind. They are designed exclusively for short-term directional trading, event-driven trading, and hedging.
Leveraged trading carries risks including forced liquidation, funding rate volatility, and liquidity risk. Traders should fully understand contract mechanics before participating and should only deploy capital they are prepared to lose entirely.
If your goal is to hold real SpaceX equity for the long term, the correct path is to purchase SPCX shares through any standard Nasdaq-connected brokerage account on or after June 12, 2026.


Frequently Asked Questions


Q1: Is SPCX guaranteed to be added to the Nasdaq 100? Not guaranteed. While SPCX meets the core NDX requirements in terms of market cap, listing venue, and sector classification, whether it qualifies for the "fast-track" inclusion is at the discretion of the Nasdaq index committee. Independent analysts including Morningstar predict SPCX is likely to be added within approximately 15 trading days after the IPO, but the final timeline is subject to official Nasdaq announcement.


Q2: What happens to the stock price if SPCX is not added to NDX? If SPCX is not added through the fast-track mechanism, it will need to wait through the standard three-month seasoning period and could be added during the December 2026 NDX annual reconstitution at the earliest. There may be a short-term pullback driven by "missed inclusion expectations," but the medium-to-long-term price will be governed by fundamentals (Starlink revenue, Starship progress, and xAI integration).


Q3: Will SPCX necessarily rise in price after being added to NDX? Not necessarily. There are many historical cases of "index inclusion as the local top" — pre-announcement positioning often prices in much of the expected upside, and the actual inclusion event can trigger short-term profit-taking.


Q4: What's the difference between the Nasdaq 100 and the S&P 500? NDX includes only the 100 largest non-financial companies listed on Nasdaq, while the S&P 500 covers 500 of the largest U.S. companies across both NYSE and Nasdaq. SPCX, as a Nasdaq-listed company, theoretically also has the potential to enter the S&P 500 — but S&P 500 inclusion criteria include "trailing four-quarter profitability," and SPCX recorded a $4.9 billion net loss in 2025. This means SPCX's path to S&P 500 inclusion is significantly more difficult than its path to NDX inclusion in the near term.


Q5: What's the difference between trading the SPCX perpetual contract and the NAS100 perpetual contract on MEXC? The SPCXSTOCK_USDT contract is a single-stock instrument with higher volatility and stronger event sensitivity, suited for directional bets on SPCX as an individual name. The NAS100_USDT contract is an index-based instrument with relatively diversified volatility, suited for traders who want exposure to broad tech market direction without taking concentrated single-name risk. Both are USDT-margined, leveraged, and trade 24/7.


Q6: Where will the official announcement of SPCX's NDX inclusion come from? Nasdaq typically publishes constituent changes through its official website at indexes.nasdaqomx.com and through its index announcement channels. Investors can also follow real-time coverage from leading financial media outlets including Bloomberg, Reuters, and CNBC.


Conclusion


Whether SpaceX's SPCX will be added to the Nasdaq 100 Index is fundamentally a dual question of "rule-based triggers" plus "index committee discretion." On the hard criteria, SPCX satisfies every core NDX eligibility threshold. The only variable is whether Nasdaq is willing to open the "fast-track" door for this $1.77 trillion aerospace giant.
Historical precedent and Morningstar's analysis both lean toward "yes" — SPCX is highly likely to enter NDX within approximately 15 trading days after listing, with the time window falling around early July 2026.
Whether you're a trader looking to position SPCX directionally ahead of this event window, or a more conservative investor seeking diversified exposure through index instruments, MEXC's SPCXSTOCK_USDT perpetual contract and NAS100_USDT perpetual contract both provide USDT-margined, 24/7 continuous, flexible bidirectional leverage tools. But always remember: perpetual contracts are derivative instruments, not equity, and leveraged trading carries risk of complete principal loss. Understanding the mechanics and controlling position sizing is the first principle for any rational participant.
The largest IPO in history is about to ring the opening bell. Will SPCX become NDX's next "trillion-dollar giant" within weeks? The market is about to deliver its answer.