S&P 500 rule changes
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Elon Musk's SpaceX Could Be Fast-Tracked Into S&P 500 After IPO Under Proposed Rule Changes - Tesla (NASD
Benzinga· 2026-05-01 12:30
The S&P 500, managed by S&P Global Dow Jones Indices, on Thursday, announced it was beginning consultation on rule changes that could potentially help Elon Musk-led SpaceX gain an expedited entry into the index. Check out more of Benzinga's Future Of Mobility coverage by following this link. Photo courtesy: Shutterstock Notably, the proposed rule changes also eliminate profitability requirements for megacap companies. Current rules require a company to be profitable on a GAAP basis for 12 months to be consi ...