SpaceX Stock Gains 4% as Charter Mobile Talks and Nasdaq-100 Inclusion Drive Rally

SpaceX (NASDAQ: SPCX) gained 4.1% on Monday to close at $170.86, its third consecutive session of gains, as two converging catalysts brought fresh buying pressure to the newly-public aerospace and satellite company 18 trading days after its June 12 debut.

Volume reached 79.5 million shares, well above the stock's recent average. Retail investors pushed SPCX to the top of net-buying leaderboards for a second straight session, with net inflows of approximately $100 million, according to Vanda Research data cited by Yahoo Finance.

Charter Communications mobile talks

SpaceX held discussions with Charter Communications about a consumer mobile phone offering powered by Starlink satellite connectivity, TipRanks reported. A partnership, if completed, would allow SpaceX to compete directly in the consumer wireless market against Verizon, AT&T, and T-Mobile, using Charter's existing broadband subscriber relationships as a distribution channel.

SpaceX has previously told investors it intends to offer mobile service directly to consumers. The Charter talks represent a potential accelerant to that strategy, with an established cable operator providing an immediate subscriber base rather than requiring SpaceX to build retail distribution from scratch. Charter shares also moved higher on the day as investors interpreted the talks as a potential competitive differentiator for the cable company's broadband business.

Nasdaq-100 inclusion confirmed: July 7

Nasdaq confirmed that SPCX will enter the Nasdaq-100 index following the close on July 6, 2026, and begin trading within the index on July 7, per TradingKey. The Nasdaq-100 tracks the 100 largest non-financial companies on the exchange. Inclusion requires index-tracking funds, including the QQQ ETF with more than $300 billion under management, to buy SPCX shares proportional to its weight in the index.

Analysts estimated total mandatory index-fund purchases from the rebalancing at approximately $4.3 billion, according to TradingKey's analysis. The fast-entry mechanism, which allows newly-listed companies that meet size thresholds to join the Nasdaq-100 as early as 15 trading days post-IPO, made SpaceX eligible well ahead of the next scheduled quarterly review.

Context: recovery from the post-IPO correction

SPCX priced at $135 on June 11, 2026, and surged 19% on its first day to close at $160.95, per CNBC's IPO coverage. The stock subsequently corrected sharply, falling as much as 32% from its post-IPO peak to a low near $147 as investors grew concerned about a September 2027 bridge-loan maturity on SpaceX's balance sheet.

Those concerns eased after SpaceX priced a $25 billion investment-grade bond issue that drew $89 billion in orders, the largest order book for a corporate bond in recent history, according to TradingKey. The deal staggered repayment maturities from 2031 to 2056, eliminating the 2027 cliff that had weighed on the stock. Monday's close at $170.86 puts SPCX 26.6% above its IPO price and gives the company a market capitalization of approximately $2.25 trillion, per market data.

For current SPCX price, live chart, full IPO history, and a guide to buying SpaceX stock, see our hub: SpaceX Stock (NASDAQ: SPCX): Price, Valuation & How to Buy in 2026.

Not investment advice.