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The Economic Times
The Economic Times

MSCI confirms early index inclusion rules ahead of SpaceX IPO

MSCI SpaceX IPO Nasdaq

Index provider MSCI confirmed on Monday it will apply existing rules for early inclusion of large IPOs in its Global Standard Indexes, likely clearing the way for SpaceX to join, which will fuel demand from passively managed investment funds.

Investment funds with trillions of dollars in assets track MSCI's indexes, and they ‌would have ⁠to buy ⁠shares of SpaceX if it is added to those benchmarks, adding to demand from funds tracking the Nasdaq 100 and FTSE Russell indexes.

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