{"id":3995,"date":"2026-06-13T16:57:45","date_gmt":"2026-06-13T16:57:45","guid":{"rendered":"https:\/\/finzexpert.com\/blog\/spacex-surges-but-bigger-days-are-ahead-td-securities\/"},"modified":"2026-06-13T16:57:45","modified_gmt":"2026-06-13T16:57:45","slug":"spacex-surges-but-bigger-days-are-ahead-td-securities","status":"publish","type":"post","link":"https:\/\/finzexpert.com\/blog\/spacex-surges-but-bigger-days-are-ahead-td-securities\/","title":{"rendered":"SpaceX surges, but bigger days are ahead: TD Securities"},"content":{"rendered":"\n<div id=\"SpecialReportArticle-ArticleBody-6\" data-module=\"ArticleBody\" data-test=\"articleBody-2\" data-analytics=\"SpecialReportArticle-articleBody-6-2\"><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"\/><\/p>\n<div role=\"region\" aria-labelledby=\"Placeholder-ArticleBody-Video-108319878\">\n<div role=\"button\" tabindex=\"0\" id=\"Placeholder-ArticleBody-Video-108319878\" class=\"PlaceHolder-wrapper\" data-vilynx-id=\"7000415634\" data-test=\"VideoPlaceHolder\">\n<div class=\"InlineVideo-videoEmbed\" id=\"InlineVideo-0\" data-test=\"InlineVideo\">\n<div class=\"InlineVideo-wrapper\">\n<div class=\"InlineVideo-inlineThumbnailContainer\"><span class=\"InlineVideo-videoButton\"\/><span\/><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<p>The most important dates for SpaceX haven&#8217;t happened yet, according to TD Securities.<\/p>\n<p>Peter Haynes, the firm&#8217;s head of index and market structure, suggests SpaceX&#8217;s public debut is only a small part of the larger <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"SpecialReportArticle-QuoteInBody-2\">SpaceX<span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"\/><\/button><\/span><\/span><\/span> timeline.<\/p>\n<p>He&#8217;s urging investors to pay close attention to when SpaceX is added to key indexes \u2014 including the S&amp;P Total Market Index, MCI Global Index, Russell Indexes and <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"SpecialReportArticle-QuoteInBody-3\">Nasdaq 100<span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"\/><\/button><\/span><\/span><\/span> early this summer.<\/p>\n<p>&#8220;Day 15 [after SpaceX goes public], which should be July 6\u2026 will be the day that Nasdaq rebalances the 100 Index to reflect SpaceX&#8217;s IPO shares,&#8221; he told CNBC&#8217;s &#8220;ETF Edge&#8221; this week ahead of Friday&#8217;s IPO. &#8220;Then from there, we&#8217;re looking at when do indexes adjust for the additional shares that will be freely tradable down the road.&#8221;<\/p>\n<\/div>\n<div class=\"InlineImage-imageEmbed InlineImage-inlineInfographic\" id=\"ArticleBody-InlineImage-108321395\" data-test=\"InlineImage\">\n<div class=\"InlineImage-wrapper\">\n<div class=\"InlineImage-imagePlaceholder\" style=\"padding-bottom:28.24858757062147%\">\n<div><button class=\"InlineImage-closeEnlargedImage\"><svg width=\"20\" height=\"20\" viewbox=\"0 0 20 20\" fill=\"#002F6C\" aria-labelledby=\"title desc\" role=\"img\" focusable=\"false\" data-analytic-id=\"expand-icon\" class=\"InlineImage-background\"><title>Zoom In Icon<\/title><desc>Arrows pointing outwards<\/desc><circle cx=\"10\" cy=\"10\" r=\"10\" fill=\"white\" stroke=\"#002F6C\"\/><path d=\"M9.20185 10.7982C8.96049 10.5568 8.57037 10.5568 8.32901 10.7982L5.67901 13.4482V11.2346C5.67901 10.8938 5.40308 10.6173 5.06173 10.6173C4.72037 10.6173 4.44444 10.8938 4.44444 11.2346V14.9383C4.44444 15.279 4.72037 15.5556 5.06173 15.5556H8.76543C9.10679 15.5556 9.38271 15.279 9.38271 14.9383C9.38271 14.5975 9.10679 14.321 8.76543 14.321H6.55185L9.20185 11.671C9.44321 11.4296 9.44321 11.0395 9.20185 10.7982ZM14.9383 4.44446H11.2346C10.8932 4.44446 10.6173 4.721 10.6173 5.06174C10.6173 5.40248 10.8932 5.67903 11.2346 5.67903H13.4481L10.7981 8.32903C10.5568 8.57038 10.5568 8.96051 10.7981 9.20187C10.9185 9.32224 11.0765 9.38273 11.2346 9.38273C11.3926 9.38273 11.5506 9.32224 11.671 9.20187L14.321 6.55187V8.76545C14.321 9.10619 14.5969 9.38273 14.9383 9.38273C15.2796 9.38273 15.5556 9.10619 15.5556 8.76545V5.06174C15.5556 4.721 15.2796 4.44446 14.9383 4.44446Z\"\/><\/svg><\/button><\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<p>In what Haynes called a &#8220;controversial decision,&#8221; the S&amp;P 500 Index Committee announced earlier this month that SpaceX will not be fast-tracked into the index, meaning the Elon Musk rocket maker must trade on the market for at least one year until it becomes eligible.<\/p>\n<p>&#8220;That leaves us with the other benchmarks and their rebalancing schedule,&#8221; said Haynes. <\/p>\n<p>The decision means greater significance for upcoming index events, as many shares will become freely tradable and need to be reflected in the benchmarks, he says.<\/p>\n<p>SpaceX debuted at the Nasdaq at 11:46 a.m. ET on Friday. The stock surged more than 19% to close at $160.95 \u2014 its market cap exceeding $2 trillion.<\/p>\n<p>In a special note to CNBC after Friday&#8217;s market close, Haynes wrote: &#8220;We take for granted that the infrastructure that supports the equity trading business always works. Today was a test of that infrastructure and in my opinion the industry passed the test.&#8221;\u00a0<\/p>\n<\/div>\n<div class=\"ArticleBody-googlePreferredSourceContainer\" data-module=\"GooglePreferredSource\" data-id=\"SpecialReportArticle-GooglePreferredSource-6\">Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The most important dates for SpaceX haven&#8217;t happened yet, according to TD Securities. Peter Haynes, the firm&#8217;s head of index and market structure, suggests SpaceX&#8217;s public debut is only a small part of the larger SpaceX timeline. He&#8217;s urging investors to pay close attention to when SpaceX is added to key indexes \u2014 including the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3996,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[233,832,330,3551,2414,1430],"class_list":["post-3995","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-loan","tag-ahead","tag-bigger","tag-days","tag-securities","tag-spacex","tag-surges"],"_links":{"self":[{"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/posts\/3995","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/comments?post=3995"}],"version-history":[{"count":0,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/posts\/3995\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/media\/3996"}],"wp:attachment":[{"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/media?parent=3995"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/categories?post=3995"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/tags?post=3995"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}