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Today's Brief/Saturday, 13 June 2026/๐Ÿ“ˆ Stocks & Economy
๐Ÿ“ˆ Stocks & Economy๐ŸŒ Global

SpaceX Closes First Day Up 19%, Gets Fast-Tracked Into Major Global Indexes

Yahoo! FinanceยทSaturday, 13 June 2026

SpaceX shares surged 19% on their Nasdaq debut, closing well above the IPO price of $135. FTSE confirmed SpaceX will be added to the Russell 1000, Russell Top 200, and other Russell US indexes after the market close on June 26. The S&P 500 did not include SpaceX.

Why It Matters

Trillions of dollars in retirement and index funds track the Russell indexes. SpaceX's fast-track inclusion means those funds must now buy the stock automatically.

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