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SpaceX Stock Closes Below $150 for Second Day at $148 After Nasdaq 100 Inclusion

2026-07-08 20:15:22

According to CNBC, SpaceX stock closed at $148 on Wednesday, below its first trading price of $150 per share for a second consecutive day. The aerospace company was included in the Nasdaq 100 index on Tuesday, less than a month after its June 12 market debut. The rapid Nasdaq 100 inclusion required index funds and exchange-traded funds tied to the benchmark to purchase SpaceX shares, contributing to the recent price movement. Analyst coverage remained largely bullish, with Morgan Stanley rating the stock "overweight" with a $300 price target, while Bernstein, RBC, and UBS initiated coverage at "outperform" or "buy" ratings with price targets ranging from $210 to $239.

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