The Nasdaq-100 rebalance has already put $SpaceX(SPCX)$ in the spotlight.
Now comes the part I’m watching more closely:
Starship. 🚀
SpaceX is targeting September 22 for its next Starship test flight, pending regulatory approval. This mission is expected to attempt an orbital flight and carry Starlink V3 satellites. 
Why does this matter?
Because Starship isn’t just another rocket.
It sits at the centre of SpaceX’s longer-term ambitions:
🛰️ Expand Starlink
🚀 Increase launch capacity
💰 Potentially reduce launch costs through reusability
🌎 Put more satellites into orbit
📈 Create a much larger commercial launch platform
And there’s an interesting setup for $SPCX.
SpaceX’s Nasdaq-100 weighting has just increased from roughly 1.28% to 2.82%, effective today, creating a major index-related trading catalyst. 
But index flows are temporary.
Starship execution is the longer-term story.
That’s what makes this interesting to me.
If SpaceX can demonstrate meaningful progress toward a fully reusable Starship, the market gets another piece of evidence that its enormous valuation is backed by more than just hype.
Of course, a test flight can go either way—and the outcome doesn’t automatically determine the company’s long-term value.
But I’ll be watching the launch closely.
🚀 SpaceX has already captured the market’s attention.
Now it has to keep delivering.
Would you be buying $SpaceX(SPCX)$ ahead of Starship—or waiting to see the test first?
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