SpaceX, Other Mega IPOs Denied Fast Index Entry by S&P

DealsSpaceX signage in the lobby of the Goldman Sachs headquarters in New York.Photographer: Kena Betancur/BloombergJune 4, 2026 at 9:56 PM UTCUpdated on June 4, 2026 at 10:35 PM UTCS&P Dow Jones Indices will keep its existing eligibility requirements for main benchmarks like the S&P 500 Index, rejecting proposals that would have made it faster for mega-cap companies such as Elon Musk’s SpaceX to gain rapid entry into the benchmark after going public.The index provider in a press releaseBloomberg Terminal Thursday said it will not shorten the 12-month seasoning period for newly public companies it currently has or waive existing profitability and public-float requirements based on a company’s size, diverging from a broader industry shift embraced by rivals Nasdaq Inc. and FTSE Russell.