SpaceX's earliest investors face a wild card: Nasdaq's new 'fast entry' rule

The Nasdaq’s “fast entry” rule, allowing large-cap, newly public companies to join the Nasdaq 100 after just 15 days of trading, came into effect on Friday, ahead of SpaceX‘s highly anticipated mega-IPO. The new rule moves SpaceX’s private investors into uncharted territory, where SpaceX’s stock price may be forced upward at a greater scale and much sooner than is typical before their lock-ups expire. For some of them, it may affect whether they choose to sell in the IPO. “There have been folks