No fast pass for the next wave of mega-IPOs. S&P Index Committee just released confirming zero changes to their eligibility rules for the $SPX S&P 500, MidCap 400, and SmallCap 600. Market heavyweights like OpenAI, SpaceX $SPCX, or Anthropic will face the exact same hurdles as everyone else before joining the premier indices: • Financial viability (must be profitable) • Seasoning period (no skipping the line) • Minimum IWF (strict float requirements) S&P is choosing to preserve core index principles instead of bending the rules for new tech giants.
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