SpaceXand other large IPOs send fast index entries by S&P

S&P Dow Jones Indices maintains its existing approval requirements for benchmarks, including the S&P 500, thereby closing the door for the quick entry of large technology stations such as SpaceX and delays billions of dollars in inflows from passive funds.

In a press release on Thursday, the index provider said that it would not shorten the 12-month season for newly listed companies that it currently has, or would waive existing profitability and stock exchange requirements based on the size of a company, which is contrary to a broader industry change that competitors Nasdaq Inc. and FTSE Russell are seeking.