SpaceX Absorbed $47.5 Billion in Fund Inflows on Nasdaq 100 Inclusion, Stock Closes Below IPO Opening Price

According to Shinhan Investment and Bloomberg analysis, SpaceX's inclusion in the Nasdaq 100 index on July 7 attracted an estimated $47.5 billion in combined fund inflows. Active funds contributed $25 billion in purchases around the IPO period, while passive index funds added an estimated $22.5 billion following the rapid inclusion, based on the Nasdaq 100's $1.7 trillion in tracked assets and SpaceX's 1.34% weighting.

Despite the substantial liquidity inflow, SpaceX closed on July 9 at $149.29, below the $150 opening price on its first trading day on June 12. The stock had dipped to $145.20 intraday. SpaceX benefited from Nasdaq's "fast entry" rule for major IPOs, enabling Nasdaq 100 inclusion just 15 trading days after listing.