Breaking Financial News: The Straits Times | SpaceX, other mega IPOs denied fast index entry by S&P

"S&P Dow Jones Indices will keep its existing eligibility requirements..."

"The push for quicker inclusion has raised concerns among some investors who say rules around profitability, float and trading history exist precisely to prevent benchmarks from chasing hype... before reliable market pricing is fully established."

https://www.straitstimes.com/business/companies-markets/spacex-other-mega-ipos-denied-fast-index-entry-by-sp

#SpaceX #SpacxIPO

S&P 500 denies fast IPO index entry

S&P Dow Jones Indices will maintain its existing eligibility rules for main benchmarks, rejecting faster entry for mega-cap companies like SpaceX. Read more at straitstimes.com. Read more at straitstimes.com.

The Straits Times