Re:S&P 500 rejects SpaceX, also blocking entry for OpenAI an...
by tananaev on Saturday June 06, 2026 @09:14PM
(#48430809)
Wait until you hear about float multiple Nasdaq is doing.
Re:S&P 500 rejects SpaceX, also blocking entry for OpenAI an...
by renegade-otter on Friday June 12, 2026 @12:54PM
(#48506507)
Spoiler alert - it's 5X for this.
It seems obvious in retrospect, but the fact that SpaceX will be "valued" at $1.75 trillion after the IPO is irrelevant when only $75 billion worth of its stock will be publicly traded.
$75 billion in float-adjusted market cap puts it around 180-190th in the S&P 500. So sure, it will likely get in there eventually, but there's no rush to bend the rules to get it in right away.