SpaceX joins Nasdaq-100, boosting Robinhood momentum after record IPO

Key Facts

In a development reflecting growing institutional confidence, SpaceX (SPCX) has been announced as joining the Nasdaq-100 index effective July 7, 2026. This announcement comes weeks after the largest IPO in history, when Robinhood saw a notable increase in deposits and trading activity ahead of the offering, per Fool.com. The index inclusion adds to the bullish narrative, confirming strong demand for the stock and potentially supporting continued momentum for Robinhood as a key retail broker.

Similar to previous large listings such as Arm Holdings, the inclusion of a company of SpaceX's caliber in a major index attracts passive flows from index funds and institutional investors. According to market data, Robinhood (HOOD) has seen elevated trading volumes since the IPO, driven by retail interest in the space pioneer. The Nasdaq-100 listing is expected to further enhance liquidity and attract a broader investor base.

At the close on June 26, 2026, Robinhood stock stood at $98.69, trading in a range of $93.08 to $99.44, while SpaceX closed at $153.23 (range $148.51–$158.40). With the inclusion date approaching on July 7, both stocks may see further upside, especially if upcoming economic data favors risk appetite. Investors are also watching any updates on capital flows into Robinhood post-listing.