SpaceX Drops 35% After Nasdaq-100 Debut
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- SpaceX stock closed at $148, below its debut price, in a two-day slide following its recent inclusion in the Nasdaq-100
- SpaceX shares dropped 35% from their high just one day after joining the Nasdaq-100, prompting debate over whether the dip is a buying opportunity
Why it matters: The immediate post-inclusion selloff, with shares down 35% from peak and closing below debut price at $148 within days of Nasdaq-100 entry, indicates index-driven buying momentum unwound almost instantly. With Barron's flagging an open Wall Street disagreement on valuation, secondary-market investors are now weighing a sharp dip against a contested true worth.
