Prior to the market opening on July 7 (local time), SpaceX is slated to officially become a part of the Nasdaq 100 Index. Nevertheless, owing to constraints like the timing of its public listing and its profitability status, it won't be eligible for inclusion in the S&P 500 Index for a minimum of one year. Wall Street analysts have highlighted that the stock of SpaceX, characterized by high volatility and relatively low liquidity, could potentially intensify fluctuations within the Nasdaq 100 Index. This might also widen the volatility gap between the Nasdaq 100 Index and the S&P 500 Index, sparking concerns over heightened volatility in the stock market. Following SpaceX's inclusion, the Invesco QQQ Trust will be required to allocate SpaceX stocks. However, some investors advise holding off on allocations until the selling pressure from insiders subsides and the company can showcase quarterly profitability. Influenced by these expectations and the prevailing market sentiment, although the three major U.S. stock indices experienced an uptick on Monday, SpaceX's stock price defied the market trend, declining by 1%.