S&P Shields Index Funds From SpaceX IPO Chase

S&P Dow Jones Indices has removed the S&P 500 from SpaceX’s first-year demand story, keeping passive funds from becoming forced buyers of the rocket and satellite company immediately after a potential listing. The decision is less about SpaceX’s size than about who gets to command index-linked money. SpaceX is reportedly seeking a Nasdaq IPO that […] The post S&P Shields Index Funds From SpaceX IPO Chase appeared first on the deep dive.