
The S&P 500 will not relax its rules to let SpaceX join early, requiring at least 12 months of profitability for inclusion. SpaceX has never turned a profit per its S-1 filing. Other indexes like the Nasdaq 100 and FTSE Russell have already changed rules to allow SpaceX in as few as five trading days. Analysts called the S&P decision surprising given the trend toward corporate-friendly rule changes.
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SpaceX Targeting $1.8 Trillion Valuation in Record-Breaking IPO
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