SpaceX (SPCX) secured fast-track inclusion into major FTSE Russell and MSCI indexes following its Nasdaq debut on Friday, when the stock closed up 19% after opening at $150. FTSE Russell added SpaceX to the Russell 1000, Russell Top 200, and other Russell US indexes effective after market close on June 26, 2026, under fast-entry rules introduced in May 2026. MSCI will add SpaceX to its standard and large-cap indexes effective June 29. The coordinated additions by FTSE Russell and MSCI contrast with S&P Dow Jones Indices' decision to rule out SpaceX's quick inclusion in the S&P 500, citing unmet profitability and seasoning requirements.
SpaceX opened at around $150 on Friday, an 11% premium to the IPO price, and climbed as much as 30% higher in early trading, briefly pushing the company's market capitalization above $2.2 trillion.
FTSE Russell Adds SpaceX to Russell 1000 Effective June 26, 2026
FTSE Russell published a formal index notice on Friday confirming the immediate addition of SpaceX to the Russell US Index Series under its fast-entry rules. The notice states that SpaceX satisfies the fast-entry criteria following its IPO and will be added to the Russell 1000, Russell Top 200, and other Russell US indexes effective after the market close on June 26, 2026.
The addition follows FTSE Russell's May 2026 rule change, which allows large new listings that qualify for the Russell Top 500 to enter indexes after just five trading days, instead of waiting for the next quarterly reconstitution.
MSCI Adds SpaceX to Standard Indexes Effective June 29
MSCI said that it will add SpaceX to its standard and large-cap indexes, effective June 29. This is in alignment with MSCI's announcement earlier this month that SpaceX is expected to "easily clear" its size and free-float thresholds for early inclusion of large IPOs into its global standard indexes.
S&P Dow Jones Indices Rules Out SpaceX S&P 500 Inclusion
S&P Dow Jones Indices declined to adjust its criteria and has ruled out SpaceX's quick inclusion in the S&P 500. S&P maintains requirements for four consecutive quarters of GAAP profitability and a longer seasoning period, criteria SpaceX does not currently meet.
Nasdaq-100 Fast-Track Inclusion Expected
The company is still expected to be fast-tracked into the Nasdaq-100, which allows newly listed companies that rank in the top 40 by market capitalization to join the index after just 15 trading days under its new rules.
FAQ
What did SpaceX achieve on its first day of Nasdaq trading?
SpaceX (SPCX) opened at around $150 on Friday, an 11% premium to the IPO price, climbed as much as 30% higher in early trading to briefly push its market capitalization above $2.2 trillion, and closed its first day of trade up 19%.
When will SpaceX be added to FTSE Russell and MSCI indexes?
FTSE Russell will add SpaceX to the Russell 1000, Russell Top 200, and other Russell US indexes effective after market close on June 26, 2026. MSCI will add SpaceX to its standard and large-cap indexes effective June 29.
Why did S&P Dow Jones Indices rule out SpaceX's inclusion in the S&P 500?
S&P Dow Jones Indices ruled out SpaceX's quick inclusion in the S&P 500 because the company does not meet S&P's requirements for four consecutive quarters of GAAP profitability and a longer seasoning period.
