<![CDATA[BREAKING FINANCIAL NEWS: Reuters | SpaceX blocked from early US benchmark index entry as S&amp;P reaffirms existing rules]]>BREAKING FINANCIAL NEWS: Reuters | SpaceX blocked from early US benchmark index entry as S&P reaffirms existing rules

THIS IS A HUGE VICTORY FOR INVESTORS AND YOUR RETIREMENT

"S&P Global said on Thursday it ​was not changing the requirements for entry into its major indices, dealing a setback to Elon Musk's SpaceX by ‌effectively ruling out a swift entry for the world's biggest-ever IPO into the benchmark S&P 500 index."

reuters.com

favicon

(www.reuters.com)

1/

]]>https://board.circlewithadot.net/topic/8887e583-a57d-48e3-ba44-2efb9f73ec28/breaking-financial-news-reuters-spacex-blocked-from-early-us-benchmark-index-entry-as-s-amp-p-reaffirms-existing-rulesRSS for NodeFri, 05 Jun 2026 03:49:43 GMTThu, 04 Jun 2026 23:51:13 GMT60<![CDATA[Reply to BREAKING FINANCIAL NEWS: Reuters | SpaceX blocked from early US benchmark index entry as S&amp;P reaffirms existing rules on Fri, 05 Jun 2026 02:12:37 GMT]]>@mastodonmigration @briankrebs Good, now I only have to exit QQQ and the Large Cap index immediately.

]]>https://board.circlewithadot.net/post/https://vmst.io/users/slyborg/statuses/116695076540311351https://board.circlewithadot.net/post/https://vmst.io/users/slyborg/statuses/116695076540311351Fri, 05 Jun 2026 02:12:37 GMT<![CDATA[Reply to BREAKING FINANCIAL NEWS: Reuters | SpaceX blocked from early US benchmark index entry as S&amp;P reaffirms existing rules on Fri, 05 Jun 2026 02:08:17 GMT]]>@mastodonmigration

YES! see also https://www.alternet.org/musk-trump-spacex-ipo/

]]>https://board.circlewithadot.net/post/https://wandering.shop/users/yunchtime/statuses/116695059470095257https://board.circlewithadot.net/post/https://wandering.shop/users/yunchtime/statuses/116695059470095257Fri, 05 Jun 2026 02:08:17 GMT<![CDATA[Reply to BREAKING FINANCIAL NEWS: Reuters | SpaceX blocked from early US benchmark index entry as S&amp;P reaffirms existing rules on Fri, 05 Jun 2026 01:56:58 GMT]]>@bob_zim @skewray

Got it. Completely agree.

Now it is important to focus our ire on Nasdaq, CRSP and Russell.

Check out this smug bastard. NASDAQ CEO Nelson Griggs knows just what he's doing...

https://youtu.be/pTDLCqEtyOE

]]>https://board.circlewithadot.net/post/https://mastodon.online/users/mastodonmigration/statuses/116695014974150943https://board.circlewithadot.net/post/https://mastodon.online/users/mastodonmigration/statuses/116695014974150943Fri, 05 Jun 2026 01:56:58 GMT<![CDATA[Reply to BREAKING FINANCIAL NEWS: Reuters | SpaceX blocked from early US benchmark index entry as S&amp;P reaffirms existing rules on Fri, 05 Jun 2026 01:53:08 GMT]]>@mastodonmigration @skewray Exactly. This is that Geordi image expressing disgust at QQQ (the symbol for the Invesco QQQ index fund, which tracks the NASDAQ 100) and approval of SPX (the symbol for the S&P 500 index).

SpaceX’s intended symbol will be SPCX.

]]>https://board.circlewithadot.net/post/https://infosec.exchange/users/bob_zim/statuses/116694999913355355https://board.circlewithadot.net/post/https://infosec.exchange/users/bob_zim/statuses/116694999913355355Fri, 05 Jun 2026 01:53:08 GMT<![CDATA[Reply to BREAKING FINANCIAL NEWS: Reuters | SpaceX blocked from early US benchmark index entry as S&amp;P reaffirms existing rules on Fri, 05 Jun 2026 01:30:35 GMT]]>@ProcessParsnip @jeremy_degroot

Medium Cap and Value are probably safe. As are Ex-US international Funds

]]>https://board.circlewithadot.net/post/https://mastodon.online/users/mastodonmigration/statuses/116694911247546155https://board.circlewithadot.net/post/https://mastodon.online/users/mastodonmigration/statuses/116694911247546155Fri, 05 Jun 2026 01:30:35 GMT<![CDATA[Reply to BREAKING FINANCIAL NEWS: Reuters | SpaceX blocked from early US benchmark index entry as S&amp;P reaffirms existing rules on Fri, 05 Jun 2026 01:28:47 GMT]]>@not2b

Indeed you still do...

Mastodon Migration (@mastodonmigration@mastodon.online)

@jeremy_degroot@mastodon.social Oh you still do! Nasdaq (QQQ), Russell and CRSP backed indexes (including the super popular Vanguard Large Cap Index) still have the fast track rules. In the case of CRSP they will be forced to buy 5 days after the IPO.

favicon

Mastodon (mastodon.online)

]]>https://board.circlewithadot.net/post/https://mastodon.online/users/mastodonmigration/statuses/116694904152735926https://board.circlewithadot.net/post/https://mastodon.online/users/mastodonmigration/statuses/116694904152735926Fri, 05 Jun 2026 01:28:47 GMT<![CDATA[Reply to BREAKING FINANCIAL NEWS: Reuters | SpaceX blocked from early US benchmark index entry as S&amp;P reaffirms existing rules on Fri, 05 Jun 2026 01:07:20 GMT]]>@mastodonmigration Guess I still have to make sure that I don't have anything in a fund that plans to buy SpaceX.

]]>https://board.circlewithadot.net/post/https://sfba.social/users/not2b/statuses/116694819830734788https://board.circlewithadot.net/post/https://sfba.social/users/not2b/statuses/116694819830734788Fri, 05 Jun 2026 01:07:20 GMT<![CDATA[Reply to BREAKING FINANCIAL NEWS: Reuters | SpaceX blocked from early US benchmark index entry as S&amp;P reaffirms existing rules on Fri, 05 Jun 2026 01:05:19 GMT]]>@mastodonmigration That is great news; I might have had to sell some of my retirement investments otherwise. If they hadn't done this, the index funds would have had to buy at the peak of the hype, and then everyone who invested in index funds would have a significant loss once the hype fades and the market figures out a more realistic price.

]]>https://board.circlewithadot.net/post/https://sfba.social/users/not2b/statuses/116694811883254526https://board.circlewithadot.net/post/https://sfba.social/users/not2b/statuses/116694811883254526Fri, 05 Jun 2026 01:05:19 GMT<![CDATA[Reply to BREAKING FINANCIAL NEWS: Reuters | SpaceX blocked from early US benchmark index entry as S&amp;P reaffirms existing rules on Fri, 05 Jun 2026 00:38:11 GMT]]>@mastodonmigration Well, that saves me from a bunch of very hurried 401(k) reallocation this weekend.

Still, might be time to move to a nice European-market index.

]]>https://board.circlewithadot.net/post/https://mefi.social/users/Kadin2048/statuses/116694705213572249https://board.circlewithadot.net/post/https://mefi.social/users/Kadin2048/statuses/116694705213572249Fri, 05 Jun 2026 00:38:11 GMT<![CDATA[Reply to BREAKING FINANCIAL NEWS: Reuters | SpaceX blocked from early US benchmark index entry as S&amp;P reaffirms existing rules on Fri, 05 Jun 2026 00:36:11 GMT]]>@mastodonmigration let this be a signal to the other ai companies trying to cash out.

]]>https://board.circlewithadot.net/post/https://fedi.arkadi.one/users/tootbrute/statuses/01KTAKAZW4V82BG9W00YZMNPPPhttps://board.circlewithadot.net/post/https://fedi.arkadi.one/users/tootbrute/statuses/01KTAKAZW4V82BG9W00YZMNPPPFri, 05 Jun 2026 00:36:11 GMT<![CDATA[Reply to BREAKING FINANCIAL NEWS: Reuters | SpaceX blocked from early US benchmark index entry as S&amp;P reaffirms existing rules on Fri, 05 Jun 2026 00:35:54 GMT]]>@peachfront @jeremy_degroot

💯 !!!

]]>https://board.circlewithadot.net/post/https://mastodon.online/users/mastodonmigration/statuses/116694696228139608https://board.circlewithadot.net/post/https://mastodon.online/users/mastodonmigration/statuses/116694696228139608Fri, 05 Jun 2026 00:35:54 GMT<![CDATA[Reply to BREAKING FINANCIAL NEWS: Reuters | SpaceX blocked from early US benchmark index entry as S&amp;P reaffirms existing rules on Fri, 05 Jun 2026 00:34:54 GMT]]>@mastodonmigration @jeremy_degroot

but for those of us in an S&P index fund, it's a breath of relief

]]>https://board.circlewithadot.net/post/https://toot.community/users/peachfront/statuses/116694692279731884https://board.circlewithadot.net/post/https://toot.community/users/peachfront/statuses/116694692279731884Fri, 05 Jun 2026 00:34:54 GMT<![CDATA[Reply to BREAKING FINANCIAL NEWS: Reuters | SpaceX blocked from early US benchmark index entry as S&amp;P reaffirms existing rules on Fri, 05 Jun 2026 00:31:46 GMT]]>@ProcessParsnip @mastodonmigration that or equal weight indexes

]]>https://board.circlewithadot.net/post/https://mastodon.social/ap/users/116562617161408293/statuses/116694679960055011https://board.circlewithadot.net/post/https://mastodon.social/ap/users/116562617161408293/statuses/116694679960055011Fri, 05 Jun 2026 00:31:46 GMT<![CDATA[Reply to BREAKING FINANCIAL NEWS: Reuters | SpaceX blocked from early US benchmark index entry as S&amp;P reaffirms existing rules on Fri, 05 Jun 2026 00:30:54 GMT]]>@peachfront

conditional yay:
https://mastodon.online/@mastodonmigration/116694603522391925

@mastodonmigration

]]>https://board.circlewithadot.net/post/https://mastodon.ie/users/ProcessParsnip/statuses/116694676572041105https://board.circlewithadot.net/post/https://mastodon.ie/users/ProcessParsnip/statuses/116694676572041105Fri, 05 Jun 2026 00:30:54 GMT<![CDATA[Reply to BREAKING FINANCIAL NEWS: Reuters | SpaceX blocked from early US benchmark index entry as S&amp;P reaffirms existing rules on Fri, 05 Jun 2026 00:30:03 GMT]]>@mastodonmigration @jeremy_degroot

So one method would be to simply choose medium cap, yes?

]]>https://board.circlewithadot.net/post/https://mastodon.ie/users/ProcessParsnip/statuses/116694673217807971https://board.circlewithadot.net/post/https://mastodon.ie/users/ProcessParsnip/statuses/116694673217807971Fri, 05 Jun 2026 00:30:03 GMT<![CDATA[Reply to BREAKING FINANCIAL NEWS: Reuters | SpaceX blocked from early US benchmark index entry as S&amp;P reaffirms existing rules on Fri, 05 Jun 2026 00:28:52 GMT]]>@mastodonmigration are you soaked in champagne?

]]>https://board.circlewithadot.net/post/https://beige.party/users/MedeaVanamonde/statuses/116694668547679692https://board.circlewithadot.net/post/https://beige.party/users/MedeaVanamonde/statuses/116694668547679692Fri, 05 Jun 2026 00:28:52 GMT<![CDATA[Reply to BREAKING FINANCIAL NEWS: Reuters | SpaceX blocked from early US benchmark index entry as S&amp;P reaffirms existing rules on Fri, 05 Jun 2026 00:27:19 GMT]]>@mastodonmigration thanks.
good.

]]>https://board.circlewithadot.net/post/https://bsd.network/users/overunderlay/statuses/116694662450164428https://board.circlewithadot.net/post/https://bsd.network/users/overunderlay/statuses/116694662450164428Fri, 05 Jun 2026 00:27:19 GMT<![CDATA[Reply to BREAKING FINANCIAL NEWS: Reuters | SpaceX blocked from early US benchmark index entry as S&amp;P reaffirms existing rules on Fri, 05 Jun 2026 00:12:19 GMT]]>@jeremy_degroot

Oh you still do!

Nasdaq (QQQ), Russell and CRSP backed indexes (including the super popular Vanguard Large Cap Index) still have the fast track rules. In the case of CRSP they will be forced to buy 5 days after the IPO.

]]>https://board.circlewithadot.net/post/https://mastodon.online/users/mastodonmigration/statuses/116694603522391925https://board.circlewithadot.net/post/https://mastodon.online/users/mastodonmigration/statuses/116694603522391925Fri, 05 Jun 2026 00:12:19 GMT<![CDATA[Reply to BREAKING FINANCIAL NEWS: Reuters | SpaceX blocked from early US benchmark index entry as S&amp;P reaffirms existing rules on Fri, 05 Jun 2026 00:09:58 GMT]]>@mastodonmigration thank god, now I won't have to root through indexes to figure out how to avoid SpaceX and AI

]]>https://board.circlewithadot.net/post/https://mastodon.social/ap/users/116562617161408293/statuses/116694594228472404https://board.circlewithadot.net/post/https://mastodon.social/ap/users/116562617161408293/statuses/116694594228472404Fri, 05 Jun 2026 00:09:58 GMT<![CDATA[Reply to BREAKING FINANCIAL NEWS: Reuters | SpaceX blocked from early US benchmark index entry as S&amp;P reaffirms existing rules on Fri, 05 Jun 2026 00:08:31 GMT]]>@Lazarou

ABSOLUTELY

]]>https://board.circlewithadot.net/post/https://mastodon.online/users/mastodonmigration/statuses/116694588532310537https://board.circlewithadot.net/post/https://mastodon.online/users/mastodonmigration/statuses/116694588532310537Fri, 05 Jun 2026 00:08:31 GMT<![CDATA[Reply to BREAKING FINANCIAL NEWS: Reuters | SpaceX blocked from early US benchmark index entry as S&amp;P reaffirms existing rules on Fri, 05 Jun 2026 00:07:13 GMT]]>S&P 500: No Fast Track For SpaceX (cont)

If S&P is serious about not removing the profitability requirement, it's very possible that SpaceX will never meet eligibility requirements for the S&P 500.

This is absolutely catastrophic for Musk and Nasdaq's Mega-Cap Squeeze (https://mastodon.online/@mastodonmigration/116693970097030371) as it likely requires the huge pool of S&P backed index funds forced purchases to keep the squeeze going.

It will be interesting to see what happens now with Nasdaq, Russell and CRSP

]]>https://board.circlewithadot.net/post/https://mastodon.online/users/mastodonmigration/statuses/116694583459927657https://board.circlewithadot.net/post/https://mastodon.online/users/mastodonmigration/statuses/116694583459927657Fri, 05 Jun 2026 00:07:13 GMT<![CDATA[Reply to BREAKING FINANCIAL NEWS: Reuters | SpaceX blocked from early US benchmark index entry as S&amp;P reaffirms existing rules on Fri, 05 Jun 2026 00:06:12 GMT]]>@mastodonmigration This is a victory for Humanity in general!

]]>https://board.circlewithadot.net/post/https://mastodon.social/users/Lazarou/statuses/116694579443534521https://board.circlewithadot.net/post/https://mastodon.social/users/Lazarou/statuses/116694579443534521Fri, 05 Jun 2026 00:06:12 GMT<![CDATA[Reply to BREAKING FINANCIAL NEWS: Reuters | SpaceX blocked from early US benchmark index entry as S&amp;P reaffirms existing rules on Fri, 05 Jun 2026 00:04:59 GMT]]>@mastodonmigration
It's also a sign that none of those profitability requirements would be met.

]]>https://board.circlewithadot.net/post/https://hachyderm.io/users/RealGene/statuses/116694574633892846https://board.circlewithadot.net/post/https://hachyderm.io/users/RealGene/statuses/116694574633892846Fri, 05 Jun 2026 00:04:59 GMT<![CDATA[Reply to BREAKING FINANCIAL NEWS: Reuters | SpaceX blocked from early US benchmark index entry as S&amp;P reaffirms existing rules on Fri, 05 Jun 2026 00:02:54 GMT]]>@mastodonmigration

]]>https://board.circlewithadot.net/post/https://hachyderm.io/users/RealGene/statuses/116694566471111804https://board.circlewithadot.net/post/https://hachyderm.io/users/RealGene/statuses/116694566471111804Fri, 05 Jun 2026 00:02:54 GMT