Business & Economy · 41 views
SpaceX and other mega IPOs may wait years to join the S&P 500
Unlike S&P, Nasdaq Inc. did change its rules, allowing Nasdaq 100 entry in just 15 trading days, down from a three-month minimum.
AI Summary
The inclusion of mega IPOs in the S&P 500 index may be delayed for several years. Companies like SpaceX, OpenAI, and Anthropic, which have recently gone public, may face a lengthy wait before being added to the S&P 500. This is because the S&P 500's rules for inclusion are strict and time-consuming. The Nasdaq 100 index, on the other hand, has relaxed its rules, allowing companies to join in as little as 15 trading days, down from a previous minimum of three months.
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