The S&P 500 is changing its rules for SpaceX and OpenAI.

These “mega IPOs” could be worth more than $1 trillion when they start trading. Elon Musk and Sam Altman are pressuring stock exchanges – and indexes such as the S&P 500 and Nasdaq – to fast-track inclusion of these newly public stocks.

[Go here to claim Pre-IPO shares]([link removed]) before the June IPO.

S&P published a proposal Thursday to rewrite its eligibility criteria for mega-cap companies ahead of the biggest wave of IPOs in history.

Here's what's changing.

Under the new rules, large companies would only need to be public for six months — not twelve — before joining the S&P 500. And mega-cap IPOs would be exempt from the profitability requirement entirely.

That last part matters. SpaceX, OpenAI, and Anthropic are not currently profitable. Under the old rules, they couldn't get into the index.

Under the new rules, they walk right in.

S&P defined mega-cap as the top 100 companies by market value. SpaceX, targeting a valuation of $1.75 trillion, would land around #7 in the U.S. — between Broadcom and Meta.

The consultation period closes May 28. S&P said any changes would take effect before June 8 — just weeks before SpaceX is expected to begin trading.

The timing is not a coincidence.

Nasdaq already made some important changes. New rules went live May 1 that allow large companies to join the Nasdaq 100 just 15 days after their IPO. The old rule was 90 days.

What does all of this mean in practice?

Index and ETF funds tracking the S&P 500 and Nasdaq 100 represent trillions of dollars in passive investments. When a stock joins one of these indexes, those funds are required to invest— resulting in billions of automatic investments.

Analysts estimate that S&P and Nasdaq index inclusion could trigger $50 billion or more in forced buying after the SpaceX IPO. That translates into roughly 2/3 of the entire stock offering.

That's a significant tailwind for the share price once it starts trading.

The infrastructure for a massive debut is being built right now.

Wall Street is preparing. The indexes are changing their rules. And the SpaceX IPO remains on-track for late June or early July.

I'm not waiting. I'm securing a stake before it starts trading.

[Go here to grab your Pre-IPO shares today.]([link removed])

Ian Wyatt
Editor, Daily Profit


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