SpaceX won't get early access to the S&P 500

Article excerpt

SpaceX will not receive special treatment to join the S&P 500 index ahead of schedule, the world's largest stock index confirmed. The company, which remains private, has been waiting to go public, but S&P Global Indices decided against granting early access despite SpaceX's size and influence in the aerospace industry. The decision keeps SpaceX bound by standard S&P 500 inclusion rules, which typically require companies to meet specific criteria around profitability, market capitalization, and trading history before joining the prestigious index.