S&P Dow Jones Indices will not relax eligibility rules to grant SpaceX early entry into the S&P 500. The company must wait at least 12 months to meet standard inclusion requirements. SpaceX currently fails these criteria after reporting a net loss for 2025.
This decision contrasts with moves by the Nasdaq 100 and FTSE Russell to allow quick inclusion. Bloomberg Intelligence analyst James Seyffart noted that S&P is bucking the trend of exceptions made for the historic IPO.
SpaceX carries a total valuation of $1.77 trillion. Research firm Morningstar recently designated the company as significantly overvalued. The denial of fast-track entry could influence investment decisions for passive funds tied to the index.