Very happy to see some adults in the room at S&P Dow Jones Indices. No special "fast entry" rules for mega IPOs. They must go through a seasoning period for market price discovery.
This is contrary to Nasdaq and Russell changing their rules to favor SpaceX, et al.
www.bloomberg.com/news/article...
bloomberg.com
SpaceX, Other Mega IPOs Denied Fast Index Entry by S&P
S&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...