BlockBeats news, on June 5, S&P Global stated that it will maintain its existing eligibility criteria for major benchmark indices such as the S&P 500, rejecting proposals to accelerate the inclusion of giant companies like SpaceX into the benchmark following their public listings. On Thursday, S&P Indices noted in a press release that it would not shorten the current 12-month "maturity period" for newly listed companies, nor would it exempt companies from existing profitability and public float requirements based on their size.
This means that SpaceX cannot be included in the S&P 500 Index until at least one year after its IPO, and it must also meet the index’s existing profitability and public float requirements: the company must have been profitable under GAAP in both its most recent quarter and the aggregate of its last four quarters, and its public float must be at least 50%. (Jinshi)
