Yes. As long as the free float is at least 10%, it will get the fast track into VTI. According to their methodology guide, they use free float for weights and total shares for ranking. So this IPO would be a mega cap with a tiny weight. Totally the opposite of what a manipulator would want!

https://www.crsp.org/wp-content/uploads/guides/CRSP_Market_I...

I know that a lot of Vanguard funds track CRSP indexes. Right about now is when I wish they had and ETF that tracks this one:

https://www.crsp.org/indexes/crsp-us-total-market-ex-mega-ca...