SpaceX Joins Nasdaq-100 as Wall Street Highlights AI and Space Strategy

SpaceX built its business around rocket launches, the Starlink satellite network and space infrastructure, but its combination with xAI sharply increased funding needs and broadened the investment case. Artificial intelligence is now described as one of four core businesses, tying SpaceX’s capital-intensive aerospace operations to spending on models, computing capacity and data infrastructure. Investors must weigh those growth opportunities against heavier financing demands, execution risk and governance complexity.

SpaceX began trading on the Nasdaq under the ticker SPCX in June 2026, in what was described as the largest initial public offering on record. The supplied report did not specify the exact listing date, amount raised or offer price. Crypto-market pre-IPO perpetual contracts designed to track SpaceX’s private-market value were settled after the shares officially listed, closing an earlier speculative market as investors gained access to the publicly traded stock.

Elon Musk's SpaceX, whose operations center on the Starlink satellite internet network, is reportedly considering a partnership with US home internet provider Charter to enter the mobile telecom market and expand its integrated satellite and terrestrial communications footprint. If completed, the partnership could reshape competition among incumbent telecom operators and increase SpaceX's strategic value in communications and AI infrastructure.

SpaceX was recently added to the Russell indexes and is scheduled to join the Nasdaq-100 after the market closes on July 6, a move expected to generate buying by passive funds that track the index. Investment bank Oppenheimer, citing the AI vertical-integration benefits created by SpaceX's acquisition of Cursor, raised its price target to $250. The company is also considering launching mobile telecom services with Charter.

Ezfunds Securities Investment Consulting said SpaceX's record-breaking IPO would represent more than a single company's fundraising. It would also establish valuation benchmarks for the broader space economy, including satellites, launch services and ground equipment. Together with investment in AI infrastructure and AI-driven productivity gains, the two themes could become structural drivers of long-term global equity growth.

The latest report said investors could focus on U.S. technology funds and Taiwan equity funds targeting the AI supply chain to capture long-term opportunities in AI and the space economy. However, the available event data does not provide the report's publication date or specify SpaceX's listing date, IPO proceeds or valuation. Further details await disclosures from Ezfunds Securities Investment Consulting or underwriting documents.