Prepare v2024.07-rc1

Signed-off-by: Tom Rini <trini@konsulko.com>
diff --git a/Makefile b/Makefile
index 7321fe1..2fcb704 100644
--- a/Makefile
+++ b/Makefile
@@ -1,9 +1,9 @@
 # SPDX-License-Identifier: GPL-2.0+
 
 VERSION = 2024
-PATCHLEVEL = 04
+PATCHLEVEL = 07
 SUBLEVEL =
-EXTRAVERSION =
+EXTRAVERSION = -rc1
 NAME =
 
 # *DOCUMENTATION*