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What 50% float rule? S&P only requires 10% minimum float for index inclusion. And while SpaceX is IPOing with 4% float, after the 6 months lockup many more sha
by tristanj 5mo ago
What 50% float rule? S&P only requires 10% minimum float for index inclusion.
And while SpaceX is IPOing with 4% float, after the 6 months lockup many more shares will release and float will increase to 40-50%.
So after 12 months, SpaceX meets the S&P inclusion requirements.