Nasdaq plans to introduce a new "fast-track" inclusion rule to address large IPOs like SpaceX.
PANews reported on February 4th that Nasdaq is considering a "fast-track inclusion" rule to expedite the inclusion of newly listed large companies. This proposed revision would allow newly listed companies to join the Nasdaq 100 index after the first 15 trading days, significantly shorter than the current waiting period of at least three months. This move aims to make the index more timely in reflecting the market. In the current environment, companies often delay their IPOs for years, releasing enormous market capitalizations once they enter the public market. Companies expected to IPO this year include SpaceX, whose potential valuation could reach $1.3 trillion, making it one of the largest companies by market capitalization in the Nasdaq 100. The "fast-track inclusion" rule is part of an industry consultation process, with discussions expected to conclude later this month. If approved by the Nasdaq Indexes Board after the consultation period, the adjustment will take effect after the March quarterly rebalancing.
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