Why did SpaceX stock decline?

SpaceX stock fell ahead of its Nasdaq-100 inclusion, despite the event being expected to boost the stock.

What is the Nasdaq-100 index?

The Nasdaq-100 includes the 100 largest non-financial companies listed on the Nasdaq, and inclusion is a mark of prestige.

AI Stocks Rebound: Astera, Bloom Energy, Tesla Rise; SpaceX Slides

AI stocks saw a notable rebound, with Astera, Bloom Energy, and Tesla rising. In contrast, SpaceX stock declined ahead of its upcoming Nasdaq-100 index inclusion.

July 7, 2026

2 min read

Source: Investor's Business Daily

AI stocks rebounded strongly in recent trading, according to a report from Investor's Business Daily. Shares of Astera, Bloom Energy, and Tesla rose, while SpaceX fell ahead of its anticipated Nasdaq-100 inclusion.

Details of Stock Moves

Astera: Recorded a notable gain, though specific percentage was not disclosed.
Bloom Energy: Also rose as part of the AI sector recovery.
Tesla: Returned to gains after a period of decline, supported by positive tech sector sentiment.
SpaceX: Declined ahead of its Nasdaq-100 inclusion, an event that was expected to boost the stock.

Context

The rebound in AI stocks comes after a period of volatility, with markets still reacting to sector developments and economic outlook. SpaceX's inclusion in the Nasdaq-100 is a significant milestone, but the stock faced selling pressure before the event.

What This Means for Investors

These moves reflect continued market interest in AI stocks, but the divergence between companies highlights the need for individual stock analysis. Investors should monitor news and regulatory developments that could impact the sector.

Frequently Asked Questions

Astera, Bloom Energy, and Tesla shares rose.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.