The Vantage NAS100 CFD was near 29,582 as of 04:05 UTC (12:05 GMT+8) on 9 June 2026, up 0.50%. SpaceX is expected to price its $75B IPO after the close on 11 June, with trading in SPCX starting 12 June on the Nasdaq at a $1.75 trillion valuation; if priced as expected, this would be the largest IPO ever recorded. All data is sourced from TradingView, indicative only. This is not financial advice.

Key Points

• SpaceX is set to price its IPO at $135 per share on 11 June 2026, raising approximately $75B at a $1.75 trillion valuation. Trading in SPCX begins 12 June on Nasdaq; if priced as expected, the offering would eclipse Saudi Aramco’s 2019 record of $29.4 billion.^[1]
• Under a revised Nasdaq methodology effective May 2026, any newly listed company ranked in the top 40 by market cap can enter the Nasdaq-100 after just 15 trading days. That puts SPCX on track for potential fast-track NAS100 inclusion as early as late June or early July 2026, forcing passive index funds to acquire SPCX shares mechanically.^[2]
• The NAS100 CFD closed near 29,582 on 9 June 2026, stabilising after the 4.18% drop on 5 June triggered by Broadcom guidance and a stronger-than-expected May jobs report. The 200-day moving average at 27,847 held as support during the April drawdown and sits well below the current level.

SpaceX IPO: What the Largest Listing Ever Means for the Nasdaq

SpaceX set a fixed price of $135 per share for 555.6 million Class A shares rather than running a traditional price-range roadshow. Pricing is expected after market close on 11 June, with Elon Musk retaining approximately 82.4% of voting control and subject to a 366-day lockup.^[3]

The Nasdaq-100 fast-track rule

Nasdaq revised its methodology in May 2026, creating a pathway for newly listed mega-cap companies to qualify sooner. Under the revised rules, any company ranked among the top 40 by market capitalisation can enter the Nasdaq-100 after just 15 trading days, with the prior 10% minimum free-float requirement removed.^[2]

At $1.75 trillion, SpaceX would rank among the 10 most valuable US-listed companies, ahead of Meta, Berkshire Hathaway, and Tesla. That market cap appears likely to qualify it for the top-40 threshold. SpotGamma estimates near-term mechanical buying from Nasdaq-100 and Russell 1000 trackers at $22-27B once inclusion triggers, though these figures are projections from a market analytics provider rather than index operator guidance.^[4]

If included, NAS100 index-tracking funds and ETFs such as QQQ would generally need to acquire SPCX shares to reflect the index composition. With a float of approximately 4%, that would mean a relatively small supply of shares against a large wave of programmatic demand.^[3]

What the NAS100 Chart Shows

The Vantage NAS100 CFD daily chart shows a sharp recovery from the April low near 22,800, with price rallying to a cycle high near 31,000 before the recent pullback. Price is now consolidating near 29,582.

The 50-day moving average, at 25,695.54 on the TradingView setup used for this analysis, sits well below current price. The 200-day moving average at 27,847.15 acted as support during the April drawdown and is positioned below the current level, with price trading above it.^[5]

The RSI on the TradingView setup used for this analysis reads 54.49 on the 14-period line and 69.90 on the signal line. It peaked above 80 at the cycle high and has pulled back to the mid-50s, broadly neutral.

Key Levels to Watch

The table below summarises the reference zones market participants are monitoring on the Vantage NAS100 CFD. These are not trade signals.

Table 1: NAS100 key levels as of 04:05 UTC, 9 June 2026. Source: TradingView, Vantage NAS100 CFD. Indicative only.

What to Watch

• SpaceX IPO pricing, 11 June: SpaceX is expected to price after market close on 11 June. Pricing at or above $135 per share could drive renewed risk-on sentiment in Nasdaq-listed tech and AI names on 12 June, the first day of SPCX trading.^[1]
• NAS100 inclusion window, late June: If SPCX lists and qualifies under the revised 15-trading-day rule, the Nasdaq-100 fast-track inclusion announcement could come as early as late June. SpotGamma estimates this could trigger $22-27B in mechanical buying from index trackers.^[4]
• CPI data, 11 June: The May consumer price index release lands the same day as SpaceX pricing. A hotter-than-expected print would reinforce the rate-hike narrative from the May jobs report and could pressure valuations across the Nasdaq.
• Micron earnings, 24 June: Micron guided for a record $33.5B in Q3 revenue. The AI memory demand story that supported the chip rebound on 8 June will face its next test here.^[6]

Risk Considerations

The SpaceX IPO introduces a structural dynamic that has no direct historical precedent for the NAS100: a $1.75T company with a roughly 4% float set to enter the index within weeks. Mechanical buying from passive funds is a real near-term flow, but it is independent of valuation. Morningstar analyst Nicolas Owens published a fair-value estimate of $780B for SpaceX, roughly 55% below the $1.75T offer price, citing uncertainty around the AI business and governance concerns.^[7]

Market participants often monitor nearby support levels and the 200-day moving average at 27,847 as reference points during volatile sessions. The NAS100 remains sensitive to Fed communication, AI capital expenditure guidance, and any shift in the SpaceX IPO reception on its first trading day.

Leverage is a double-edged tool that amplifies both gains and losses relative to your account balance. Position sizing relative to account equity may become an increasingly important consideration heading into the SpaceX pricing date and the CPI release, both on 11 June. Market participants often monitor the 29,000 area and the 200-day moving average near 27,847 as reference levels during periods of elevated volatility.

RISK WARNING: CFDs are complex financial instruments and carry a high risk of losing money rapidly due to leverage. You should ensure you fully understand the risks involved and carefully consider whether you can afford to take the high risk of losing your money before trading.

Disclaimer: The information is provided for educational purposes only and doesn’t take into account your personal objectives, financial circumstances, or needs. It does not constitute investment advice. We encourage you to seek independent advice if necessary. The information has not been prepared in accordance with legal requirements designed to promote the independence of investment research. No representation or warranty is given as to the accuracy or completeness of any information contained within. This material may contain historical or past performance figures and should not be relied on. Furthermore estimates, forward-looking statements, and forecasts cannot be guaranteed. The information on this site and the products and services offered are not intended for distribution to any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

References

[1] “SpaceX targets $135 IPO price at valuation of $1.77 trillion – CNBC” https://www.cnbc.com/2026/06/03/spacex-ipo-stock-price-roadshow-musk.html Accessed on 9 June 2026.

[2] “SpaceX IPO: Every ETF That Will Hold SPCX and When – ETF.com” https://www.etf.com/sections/news/spacex-ipo-every-etf-will-hold-spcx-and-when Accessed on 9 June 2026.

[3] “SpaceX reveals its share price and record valuation – Fortune” https://fortune.com/2026/06/03/spacex-ipo-share-price-index-funds-valuation-public/ Accessed on 9 June 2026.

[4] “SpaceX IPO Index Inclusion: How Rule Changes for SPY, QQQ, and IWM Force Index Funds to Buy SpaceX – SpotGamma” https://spotgamma.com/spacex-ipo-index-changes-spotgamma/ Accessed on 9 June 2026.

[5] “US 100 Cash CFD Daily Chart – TradingView” https://www.tradingview.com/symbols/NASDAQ-NDX/ Accessed on 9 June 2026.

[6] “Why is Micron Technology stock surging today? – Investing.com” https://www.investing.com/news/stock-market-news/why-is-micron-technology-stock-surging-today-93CH-4730522 Accessed on 9 June 2026.

[7] “SpaceX is worth less than half of its $1.75 trillion IPO target, Morningstar says – CNBC” https://www.cnbc.com/2026/06/03/morningstar-spacex-ipo-target-price-nasdaq.html Accessed on 9 June 2026.