SpaceX Stock Closes Below Initial Trading Price Following Nasdaq-100 Inclusion

07/09/2026, 12:35 AM stock_drop SpaceX

During a press conference at the NATO Summit in Ankara, President Trump declared the ceasefire with Iran 'over' and indicated that the U.S. would respond to Iranian aggression, which has led to increased oil prices and uncertainty in global markets. His comments about trade with Spain and Greenland sovereignty further added to the chaos of the summit.

Following Trump's remarks, oil prices spiked, while global stock markets struggled to find direction. Additionally, SpaceX's stock closed below its debut price of $148 for the second consecutive day after its recent inclusion in the Nasdaq-100 index, reflecting investor concerns about the company's valuation amid broader market instability

Stocks in this article

Company Price Change Change % AI
SpaceX SPCX.US 148.30 0.00 0.00% Sell

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