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frankacter | on: Can the stockmarket swallow Anthropic, SpaceX and OpenAI?
>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-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/

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-contort...

lostlogin | parent | next
> >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?

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dboreham | root | parent
Because the people who can decide the rule change were bribed.
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gwerbin | parent | next
This is not a "why".
skeptic_ai | parent
We 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?