[tavavex]

What do you mean? I was under the impression that including SPCX has been massively beneficial for Nasdaq. It creates lots of trading volume and sends a quiet signal to other massive tech companies looking to IPO to come to them, rules be damned. So they're definitely extremely lucrative for Nasdaq.

[lenkite]

I think he meant you should use the word "corrupt", not "lucrative".

[gizzlon]

I the short term. Who knows what the damage to the brand will cost them.

[marcosdumay]

It created basically the volume of the index funds buying the required stock, and it's not yet clear what kind of signal this has sent to people.

They got mostly the money SPCX paid them. It was a large payment but not out of the ordinary. And all that they risked was their index relevancy.

[jordanb]

Having the stock traded on their board is good for them. They also maintain an index. Elon made inclusion in the index a prerequisite for trading the stock on the board.

[JumpCrisscross]

> Elon made inclusion in the index a prerequisite for trading the stock on the board

Source?

He may have claimed this. But he has no power to. Once a stock is publicly listed, every exchange can trade it. Where Musk had influence was on to whom he paid his listing fee.

[jordanb]

"SpaceX stock is expected to be listed on the Nasdaq. To secure such a high-profile listing, While listing requirements remain unchanged, Nasdaq recently amended its index-inclusion rules to accommodate companies like SpaceX when they go public."

https://www.forbes.com/sites/garthfriesen/2026/04/25/spacex-...

Notice a listing on the board and an inclusion in an index are two different things. Nastaq changed the index to secure the listing of SpaceX on their board.

[JumpCrisscross]

> a listing on the board and an inclusion in an index are two different things

Nobody contested this. You said inclusion was “a prerequisite for trading the stock on the board.” That is incorrect.

[jordanb]

If Nastaq hadn't agreed SpaceX would have listed on the NYSE instead.

[JumpCrisscross]

Sure. That’s listing. Not trading. Big difference.

New Milennium regulations don’t let listing boards or issuers say where their stock can and can’t be traded.