Don't expect to see SpaceX on the S&P 500 so soon after IPO
Market Intelligence Analysis
AI-Powered 50% FREE-ANALYSIS-RULE-BASED-ANALYSISFinancial market analysis indicating neutral sentiment based on current trends.
Article Context
S&P Dow Jones Indices stated that it will not be changing its rules to fast-track SpaceX (SPAX.PVT) and other mega-IPOs into the S&P 500 index (^GSPC). Morning Brief Host Julie Hyman and Vanity Fair contributing editor Bethany McLean discuss SpaceX's valuation in the lead up to the space company's public launch a week from now. JPMorgan Chase (JPM) CEO Jamie Dimon hosted Elon Musk as part of SpaceX's (SPAX.PVT) pre-IPO roadshow, as the company sets its sights on an IPO price of $135 per share next Friday, June 12.
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Summary
Financial market analysis indicating neutral sentiment based on current trends.
Time Horizon
Short Term
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