Shares of SpaceX ticked higher Monday morning, continuing a tentative recovery from a sharp post-IPO pullback as investors looked ahead to the company's historically fast inclusion in the Nasdaq-100 index, a milestone set to arrive just weeks after the company's record-setting public debut.

Shares of Space Exploration Technologies Corp., trading under the ticker SPCX, were at $155.03 as of 11:14 a.m. EDT, up $1.80, or 1.17%, on the day. The modest gain builds on a stabilization in trading after a turbulent stretch that saw the stock fall nearly 19% over the prior week, sliding from its all-time high of $225.64, reached June 16, down to an all-time low of $147.11 on June 23. The stock's overall market capitalization, which stood at roughly $2.02 trillion as of late last week, had contracted by more than 16% over that same period.

SpaceX went public June 12 in what has been described as a record initial public offering, raising an estimated $75 billion. Shares were priced at $135 ahead of the listing and opened trading at $150, closing the first day at $160.95, a 19.2% gain from the offering price. The stock then continued climbing for several more sessions before peaking on June 16 and reversing sharply in the days that followed, a round trip that has made SpaceX one of the more closely watched, and most volatile, new entries on Wall Street this year.

The next major milestone for the stock is now just over a week away. Nasdaq announced on June 26 that SpaceX will join the Nasdaq-100 index beginning July 7, just 15 days........

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