Options, leveraged ETFs and index arbitrage are likely boosting the stock ahead of its inclusion in some benchmark stock indexes.

SpaceX stock price jumped by 19% on its first day as a publicly-traded company, with its valuation crossing the $2 trillion mark as most analysts were expecting.

A crucial element in SpaceX’s soaring IPO was the army of do-it-yourself traders who bought some $118 million of SpaceX stock on the first day of trading. | Business News

Options trading on SpaceX is expected to begin as early as Tuesday, giving investors new ways to hedge, speculate, and gain leveraged exposure to the stock following its…