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S&P Global: Major IPOs like SpaceX will not be quickly included in the S&P 500 index

MarsBitNews
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Mars Finance News, S&P Global has stated that it will maintain its current eligibility requirements for major benchmark indices such as the S&P 500, rejecting proposals to accelerate the inclusion of giant companies like SpaceX into the benchmark index after their listing. On Thursday, S&P Index noted in a press release that it will not shorten the current 12-month "waiting period" for newly listed companies, nor will it exempt existing profitability and public float requirements based on company size. This means that SpaceX will need to be listed for at least one year before being included in the S&P 500 index, and must also meet the existing profitability and public float requirements of the index, i.e., the company must be profitable according to GAAP in the most recent quarter and the sum of the most recent four quarters, with a public float of no less than 50%.
SPGI1.77%
US50020-0.29%
US500200-0.29%
SPX-7.55%
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