SpaceX's recent addition to the Nasdaq-100 index has triggered significant market activity, despite a 5.4 percent decline in share price driven by broader tech sector volatility. Following its June 12 IPO, the $2 trillion company achieved rapid inclusion due to revised Nasdaq rules allowing mega-cap companies to bypass traditional waiting periods. This move is expected to trigger massive passive buying from index funds and ETFs. While major brokerages like Goldman Sachs and JP Morgan have issued bullish ratings, citing Starship's launch potential and AI infrastructure capabilities, some analysts remain cautious. SpaceX currently holds a 1.34 percent weight in the Nasdaq-100. While the company faces scrutiny regarding AI boom longevity, analysts view its Starlink and Starship projects as critical drivers for long-term growth, positioning the firm as a dominant force in global connectivity and space infrastructure.