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by kklisura 11 days ago
WSJ article from February 2026 [1]:

> Musk advisers have reached out to major index providers seeking ways to secure earlier inclusion in market benchmarks to lift shares

> Advisers for the company, which recently merged with xAI, have reached out to major index providers, including Nasdaq, to discuss how SpaceX and this year’s other hot startups might join key indexes sooner than normal, according to people familiar with the matter.

> SpaceX hopes to skirt traditional rules in an effort to bring liquidity to its shareholders sooner as part of its planned IPO. SpaceX advisers have sought index policy changes that would fast-track its entry into major indexes for the company and benefit other highly-valued private companies, the people said.

This is simply not _companies being added to SP500, etc._ as you say. This is forceful change of the rules so these companies can reap benefits and it optics is that funds are being _forced_ to buy in.

[1] https://archive.is/es8U7

1 comments

Right. You can not like the way it was added to SP500. But adding a stock to the SP500 is either forcing them to buy it in their 401k or not. Was Dell being added in 2024 forcing people to buy it?

This is an honest headline:

"SP500 Bends Rules to Include SPACEX in fund At Launch"

This is not:

"401k Holders Forced to By SpaceX"