Nasdaq is considering introducing a new "fast-track listing" rule before large IPOs such as SpaceX.
Given the expected large number of tech giants going public this year, the NASDAQ stock exchange has proposed accelerating the inclusion of newly listed large companies in the NASDAQ 100 index. NASDAQ stated in a declaration that this proposed rule revision, known as "fast-track inclusion," would allow newly listed companies to join the NASDAQ 100 index after just 15 trading days, much shorter than the current waiting period of at least three months. Companies expected to go public for the first time this year include SpaceX, with a potential valuation of $1.3 trillion, which is expected to become one of the largest components of the NASDAQ 100 index.
Latest

