News for hackers. Stuff that matters.

A comment on SpaceX, Other Mega IPOs Denied Fast Index Entry by S&P. Parent comment

Re:SpaceX, Other Mega IPOs Denied Fast Index Entry by S&P by insane_dreamer on Friday June 05, 2026 @01:48AM (#48408468)
I would't be surprised if the freak-out reaction to SpaceX being on the nasdaq100 and even being considered for the s&p500 was a strong factor in S&P saying no; if so than the histrionics were worth it.
[ Parent | on HN ]
Re:SpaceX, Other Mega IPOs Denied Fast Index Entry by S&P by JumpCrisscross on Friday June 05, 2026 @03:24AM (#48409175)
> would't be surprised if the freak-out reaction to SpaceX being on the nasdaq100 and even being considered for the s&p500 was a strong factor in S&P saying no

I would. I know some of the people. And NASDAQ 100-tracking funds have seen inflows, not outflows, as a result of the flip.

S&P management wanted the flip. The econometricians said no, because they're that sort of folk. The influencers get to entertain and drive some fraction of listeners to churn, which I guess keeps the ecosystem fed through commissions and management fees.

[ Parent | on HN ]