SpaceX stock slides for a second session after a 49% early surge

SpaceX shares are up about 35% in their first week of trading but have fallen for two straight sessions. Under revised Nasdaq rules, the stock will become eligible for inclusion in the Nasdaq 100 after 15 trading days, with passive funds expected to absorb about 30% of the free float. With a limited float and lockup restrictions in place, that setup could create near-term buying pressure. The anticipated index-driven demand is seen as a clear trading catalyst, though no actual rebalancing has occurred yet.