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Having the stock traded on their board is good for them. They also maintain an index. Elon made inclusion in the index a prerequisite for trading the stock on t
by jordanb 3mo ago
Having the stock traded on their board is good for them. They also maintain an index. Elon made inclusion in the index a prerequisite for trading the stock on the board.
- JumpCrisscross 3mo ago> Elon made inclusion in the index a prerequisite for trading the stock on the board Source? He may have claimed this. But he has no power to. Once a stock is publicly listed, every exchange can trade it. Where Musk had influence was on to whom he paid his listing fee.
- jordanb 3mo ago"SpaceX stock is expected to be listed on the Nasdaq. To secure such a high-profile listing, While listing requirements remain unchanged, Nasdaq recently amended its index-inclusion rules to accommodate companies like SpaceX when they go public." https://www.forbes.com/sites/garthfriesen/2026/04/25/spacex-ipo-is-forcing-changes-to-index-and-underwriting-rules/ https://www.forbes.com/sites/garthfriesen/2026/04/25/spacex-... Notice a listing on the board and an inclusion in an index are two different things. Nastaq changed the index to secure the listing of SpaceX on their board.
- JumpCrisscross 3mo ago> a listing on the board and an inclusion in an index are two different things Nobody contested this. You said inclusion was “a prerequisite for trading the stock on the board.” That is incorrect.
- jordanb 3mo agoIf Nastaq hadn't agreed SpaceX would have listed on the NYSE instead.
- JumpCrisscross 3mo agoSure. That’s listing. Not trading. Big difference. New Milennium regulations don’t let listing boards or issuers say where their stock can and can’t be traded.