SpaceX has been fast-tracked to enter several major stock market indexes and that could eventually ground its stock performance in the broader fundamentals of the tech sector.

But before SpaceX goes into those indexes in coming weeks, market forces – amplified by derivative securities based on the stock and maneuvers by big-money investors – could drive the stock price much higher. After less than three days as public company, SpaceX has already soared 55% above its $135 initial public offering price.

These financial industry factors have little to do with SpaceX itself, its various industrial segments or the broader economy.

“It’s going to be really hard to be negative on this name until you at least get out to the Nasdaq-100 add,” …