Investors Brace for SPCX Volatility Spike Ahead of July 7 Nasdaq-100 Debut

As of July 2, attention has shifted to potential volatility increases and index repositioning ahead of SpaceX’s July 7 Nasdaq-100 debut. The stock surged 3.5% to $169.89 on June 30 after Nasdaq announced the fast-track addition on June 29, just 15 trading days after the June 12 IPO. J.P. Morgan estimates $4.3 billion in passive inflows from the Nasdaq-100 inclusion, supplemented by nearly $3 billion from the Russell 1000/3000 reconstitution that took effect June 29. While index-driven buying has provided short-term support, recent coverage highlights elevated caution, high one-month put premiums, and questions about post-inclusion durability amid tight float and prior 33% pullback from June highs.