Large IPOs such as SpaceX are expected to be quickly included in the Nasdaq 100 index.

Sina Finance reported on March 31st that Nasdaq will implement a rule adjustment, significantly shortening the time needed for large newly listed companies to be included in its main index. This move will allow powerhouse stocks such as SpaceX to enter index-tracking funds more quickly. Nasdaq stated that companies ranking high in market value and entering the Nasdaq 100 index as components typically become eligible for inclusion 15 days after their initial public offering. The previous timeframe was at least three months. "Industry professionals, including asset management companies and institutional passive portfolio managers, mostly support the proposal for rapid inclusion and the proposed timeline," Nasdaq stated in its announcement. The exchange also eliminated the requirement for a minimum 10% float share ratio for inclusion eligibility. These revisions will take effect on May 1st, following industry consultations conducted last month.