Recent Nasdaq 100 additions like Palantir and MicroStrategy peaked around or before their index inclusion and subsequently declined significantly, establishing a cautionary pattern for SpaceX

"Palantir (PLTR), the software giant, joined the index on Dec. 23, 2024, but the stock peaked around the time of its inclusion and declined roughly 25% in the weeks that followed. A similar story played out with Strategy (MSTR), the largest publicly traded company holding bitcoin. Although it officially entered the Nasdaq 100 on Dec. 23, 2024, the stock had already reached its cycle high a month earlier, peaking near $543 in November."