Wall Street Turns Optimistic on SpaceX Ahead of Nasdaq 100 Debut

💡 Wall Street's sentiment on SpaceX has shifted positively ahead of its inclusion in the Nasdaq 100.

The Federal Reserve delivered a hawkish surprise on Wednesday, signaling that interest rate cuts remain further away than markets had hoped. Fed Chair Jerome Powell told reporters that the central bank needs "greater confidence" that inflation is sustainably declining before it will consider easing policy.

The 10-year Treasury yield surged to 4.5% in the aftermath, its highest level since October 2023. $TLT fell sharply as bond traders repriced the timing of the first cut from March to June.

Stocks React to Hawkish Fed

The market's reaction to the Fed's hawkish tone was swift, with $SPY falling 2.1% in the aftermath. Tech stocks, which have been a key driver of the market's rally in recent years, were hit particularly hard, with $NVDA falling 3.5%.

Nasdaq 100 Index SpaceX's inclusion in the Nasdaq 100 is set to go into effect on July 10, 2026, and investors are eagerly awaiting the company's performance. The Nasdaq 100 is a benchmark index that tracks the performance of the 100 largest non-financial stocks listed on the Nasdaq stock exchange.

What It Means for Investors The shift in Wall Street's sentiment on SpaceX suggests that investors are becoming increasingly optimistic about the company's prospects. With the Nasdaq 100 inclusion on the horizon, it will be interesting to see how the company performs. Do you think SpaceX will hold above $100 per share in the coming weeks? Share your view in the comments.