https://www.channelnewsasia.com/business/spacex-set-fast-entry-us-global-indexes-under-new-ftse-rules-6143421 New rules are: (1) IPOs are eligible even with less than 5% free float, as long as the free float meets the minimum requirement within 12 months after IPO (2) IPOs with large market capitalisations will be included on the index (and bought by index funds) in 5 trading days after listing, under its "fast entry" rule.
This follows NASDAQ that has already changed its index rules. Watch as S&P follows suit.   submitted by   /u/cherrypoplar [link]   [comments]
