SpaceX's Nasdaq-100 Inclusion Seen as Priced In as Shares Retrace 28% From $225 High

SpaceX’s expected inclusion in the Nasdaq-100 is projected to trigger passive fund buying, though an analysis argues the impact is largely already reflected in the stock price. According to NS3.AI, the inclusion-related demand has been priced in, limiting the potential for additional upside tied solely to index-tracking flows. The analysis noted the stock has retraced 28% from its $225 high. It also highlighted that insider share unlocks beginning in August could significantly increase tradable supply, estimating the free float may expand by approximately 900%.