Space Exploration Technologies Corp. Class A Common StockSPCX
Mentioned
Impact on stocks 1
Space Economy
Space Exploration Technologies Corp. Class A Common StockIndex Funds Set to Boost SpaceX Holdings at Next Rebalancing
Price Action
Broad-market index funds in U.S. retirement accounts are poised to increase their holdings in SpaceX at the next rebalancing, despite a 31% decline in July 2026 and insiders gaining permission to sell shares. When lockup restrictions began lifting on August 6, 2026, 911.5 million SpaceX shares became eligible for sale, mechanically expanding the company's float-adjusted market capitalization. The Nasdaq-100's September 2026 quarterly rebalance could lift SpaceX's weight from about 1% to above 3.5%, while FTSE Russell's December 11, 2026 reconstitution may push SpaceX into the Russell 1000's top 100 holdings. Morningstar analyst Nicolas Owens values SpaceX at $62 per share, roughly half its trading price, and the company posted a $541 million net loss in Q2 2026 despite revenue of $7.8 billion. The S&P 500 has excluded SpaceX, maintaining its profitability requirements, but passive funds tracking other major indexes will automatically increase their positions as the float expands.