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Rep. Dan Meuser's $50K SpaceX stock buy in June quickly lost value but may rebound as SpaceX joins Nasdaq-100.

Market News
06 Jul 2026
Finbold
View Source
Bullish
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Representative Dan Meuser purchased up to $50,000 of SpaceX stock on June 16, shortly before the stock peaked at $225.64 and then dropped significantly. By early July, the stock had fallen about 27.5%, causing Meuser's investment to lose up to $13,752. However, SpaceX is set to join the Nasdaq-100 index on July 7, which is expected to boost the stock due to increased buying from index funds. This move could help Meuser's investment recover after initial losses.

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