SpaceX (SPCX) is set to enter the Nasdaq-100 on July 7, less than a month after its June 12 listing, under revised Nasdaq rules that made some large IPOs eligible after 15 trading days. Ahead of the inclusion, the stock rose nearly 4.5% to around $161 on Monday as investors positioned for expected buying by index-tracking funds. JPMorgan estimated about $4.3 billion in passive inflows tied to the index addition, while Morningstar's chief equity strategist said the shares appear overvalued after the company posted a $4.9 billion net loss last year. The advance came even as Citadel Securities warned that rising risks could temper the broader AI-driven market rally.