SpaceX is set to join the Nasdaq on July 7th. That means forced buying (at any price) of an already limited float. Smart money will be frontrunning the move, at the expense of regular index investors. I think the odds are of a run up move in the stock this week, with nothing much happening on actual inclusion day.
My thoughts are the play here is to be long SPACEX stock now or long out of the money call options (I am long the 170s from last week). Ride the runup and the upcoming surge of news articles around inclusion expected this week. Then close the position on inclusion, win loose or draw.
Thats my move!