SpaceX dips despite bullish Wall Street commentary

$SPCX fell about 6% even as Morgan Stanley, JPMorgan, and other investors remain bullish on the stock.
The pullback appears tied to the mechanics of joining the Nasdaq 100.
Index inclusion can be bullish for flows, but it can also create short-term pressure if expectations were already priced in.
The bigger question is whether $SPCX becomes a long-term index leader or a near-term headwind for benchmarks.
SpaceX is now large enough that its own volatility can matter for the index itself.