Nasdaq plans to introduce a new "fast-track" rule to address large IPOs like SpaceX

According to Jinshi News, Nasdaq is considering introducing a "fast track" rule to accelerate the inclusion of newly listed large companies. This amendment allows newly listed companies to join the Nasdaq 100 Index after the first 15 trading days, significantly shorter than the current waiting period of at least three months. This move aims to make the index more timely in reflecting the market. In the current environment, companies often delay going public for years, and once they enter the public market, they can release a massive market capitalization.

Companies expected to go public this year include SpaceX, which has a potential valuation of up to $1.3 trillion, making it one of the largest companies by market capitalization in the Nasdaq 100 Index. The "fast track" rule is part of an industry consultation plan, with relevant discussions expected to conclude later this month. If approved by the Nasdaq Index Management Committee after the consultation, the adjustment will take effect after the March quarterly rebalancing.