SpaceX was added to the Nasdaq-100 index shortly after its IPO due to a new rapid inclusion rule, meaning it will be included in many retirement accounts and index funds by July 6, 2026. With a $2 trillion market cap, SpaceX's shares are now part of about $1.4 trillion in Nasdaq-100-linked assets, regardless of individual investor choice. While SpaceX shows strong growth potential through Starlink and satellite launches, its current valuation is very high, trading at roughly 100 times revenue. Investors should be cautious as the stock may be overvalued and subject to volatility, especially with upcoming insider share sales and potential interest rate hikes.
SpaceX's stock has fallen about 30% since its IPO, nearing its initial price of $135. The upcoming 13th test flight of Starship on July 16 is crucial as it will test key improvements after issues in the last flight, including booster stability and en...
YieldMax ETFs introduced the YieldMax SPCX Option Income Strategy ETF (YSPC), which aims to generate income through options-based strategies linked to Space Exploration Technologies Corp. (SpaceX). The fund does not invest directly in SpaceX but uses...
Last week, leveraged ETFs linked to Alibaba, Meta, Broadcom, and Nvidia delivered strong gains ranging from 17% to over 34%. Alibaba-focused ETFs led with over 34% returns, driven by positive earnings previews, AI revenue growth, and share buybacks. ...
The WisdomTree Space Economy Fund (WSPC), a new actively managed ETF, launched recently to offer investors exposure to the growing space economy. It includes about 50 stocks, with a 14.19% allocation to SpaceX, and focuses on communication services a...
Frontier Airlines announced it will introduce Starlink satellite internet on its flights starting early 2027, marking its first in-flight Wi-Fi service. This move aligns Frontier with other major airlines like United and American that have partnered ...
