Elon Musk-led SpaceX's IPO could face lawsuits from index funds as Nasdaq rule changes trigger investments, analyst says.

Investor Gary Black thinks SpaceX's IPO could benefit investors with faster listing on Nasdaq 100 and S&P 500 indices.

Elon Musk-led SpaceX's IPO could face lawsuits from index funds as Nasdaq rule changes trigger investments, analyst says.

Market indices may bend the rules on how to include SpaceX stock as quickly as possible after its highly anticipated IPO. Could that spell trouble?