4 ms·
>Why does SpaceX warrant a change of existing trading rules? They don't, while timing certainly benefits, and potentially was triggered by them and OpenAI and
by frankacter 4mo ago
>Why does SpaceX warrant a change of existing trading rules?
They don't, while timing certainly benefits, and potentially was triggered by them and OpenAI and Anthropic IPOs, these rules are not specific to only apply to SpaceX.
FTSE Russell (Russell 1000/2000 etc.) Adopted "fast entry" for large IPOs. Eligible companies (investable market cap above Russell Top 500 cutoff) can join after 5 trading days (previously quarterly rebalances). Also eased float rules with carve-outs.
https://www.lseg.com/en/media-centre/press-releases/ftse-russell/2026/ftse-russell-introduces-ipo-fast-entry-enhancements-for-russell-us-indexes https://www.lseg.com/en/media-centre/press-releases/ftse-rus...
Nasdaq (Nasdaq-100): Effective May 1, 2026, top ~40 market-cap companies can enter after 15 trading days (previously 3+ months). Adjusted low-float handling.
https://spotgamma.com/spacex-ipo-index-changes-spotgamma/ https://spotgamma.com/spacex-ipo-index-changes-spotgamma/
S&P Dow Jones (S&P 500): Reducing seasoning from 12 months to 6 months for megacaps and waiving the 4-quarter GAAP profitability requirement for large issuers.
https://www.wsj.com/finance/stocks/stock-indexes-are-contorting-themselves-to-include-spacex-and-openai-92136b13 https://www.wsj.com/finance/stocks/stock-indexes-are-contort...
- gwerbin 4mo agoThis is not a "why".
- lostlogin 4mo ago> >Why does SpaceX warrant a change of existing trading rules? They don't, while timing certainly benefits, and potentially was triggered by them So the question remains, why do they warrant a rule change?
- frankacter 4mo agoThe answer remains, these rules do not specifically apply to only SpaceX, they apply to a range of companies that fit specific profiles. Timing happens to favor SpaceX, but will equally favor OpenAI, Anthropic and others within the same qualifiers. The links above provide specifics as to the what's and the why.
- baobabKoodaa 4mo agoThe rules were changed with these 3 specific companies in mind. Stop weaseling about it.
- lanstin 4mo agoAnd prior to that Elon did float the idea of IPOing on a non-NYC exchange, some Texas exchange. So a bit of a stick and some honey in the IPO fees and early access.
- dboreham 4mo agoBecause the people who can decide the rule change were bribed.
- s1artibartfast 4mo agoWhat is a Bribe? These indexes are all for profit companies with no obligation to you.
- otikik 4mo ago"Bought" is probably more correct, but honestly discussing semantics is just distracting from the main issue.
- whattheheckheck 4mo agoSteal from everyone and shove their faces in the dirt and the social contract breaks down further
- cindyllm 4mo ago[dead]
- s1artibartfast 4mo agoWhat exactly do people think they are entitled to here? Free money guranteed with no risk? "gimmi gimmi gimmi" is not a social contract.
- whattheheckheck 4mo agoYeah ultimately who wouldnt want that? (Strawman btw) The other extreme is, what exactly do the power hungry cretins want? Godlike worship form all other humans. Reality will be whatever happens (capital and corportism wins through the monopoly of violence and the oligarchic capture) One example of legible demands: Americademands.com There are many people with many unmet needs. Everyone has played a part and continues to do so every day with their choices.
- skeptic_ai 4mo agoWe all know they get paid by musk to load up on overvalued stocks so musk can get some cash from pension funds, the pay off a bit Russell’s for bending the rules. No one in their right mind would change rules to buy space x. What profit must have to compensate the valuation?