Subject: Re: brk, spy and other indexes, 6/26
“” SpaceX will not be allowed early entry into the S&P 500, as S&P Dow Jones Indices decided against changing its inclusion rules for mega-cap IPOs. This means the company will not be fast-tracked into funds like the SPDR S&P 500 ETF (SPY) or the iShares Core S&P 500 ETF (IVV).Under current S&P 500 index requirements, companies must fulfill specific criteria before becoming eligible:Waiting Period: At least one year of public trading.Profitability: Four consecutive quarters of positive GAAP earnings.Market Capitalization & Float: Minimum market caps and public share float availability.Because SpaceX will not receive an exemption from these baseline requirements, the absolute earliest it can be considered for inclusion in the S&P 500 is June 2027.“”