Nasdaq Speeds Up Index Entry for SpaceX, Large IPOs With New Rule

Nasdaq Inc. will enact a rule change designed to slash the time it takes for newly listed, large-cap companies to enter its main index, a move that will give shares...

By Lu Wang (News), Isabelle Lee · Bloomberg Markets

Nasdaq Inc. will enact a rule change designed to slash the time it takes for newly listed, large-cap companies to enter its main index, a move that will give shares of behemoths like SpaceX a faster route into funds that are pegged to the benchmark.