Index providers are bending their rules. Do they have a choice? Nasdaq tweaked its rules to allow Elon Musk’s newly public SpaceX SPCX into its flagship Nasdaq-100 Index after 15 days of trading. FTSE ...
As SpaceX (SPCX) rockets toward its historic ~$1.75T initial public offering this week, passive investors are eagerly anticipating when the aerospace and AI juggernaut will land in their index funds.
June 8 (Reuters) - Index provider MSCI confirmed on Monday it will apply existing rules for early inclusion of large IPOs in its Global Standard Indexes, likely clearing the way for SpaceX (SPCX.O), ...