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Kiplinger
Kiplinger
Business
Dan Burrows

What the Nasdaq's New 'Fast Entry' Rule Means for Investors

(Image credit: ANGELA WEISS/AFP via Getty Images)

SpaceX and OpenAI are gearing up to go public in what would be the biggest initial public offerings (IPOs) of all time, and Nasdaq (NDAQ) can hardly wait.

The exchange operator rolled out new "fast entry" rules that will allow it to speed up the process of adding such massive companies to its flagship Nasdaq-100 index. Ordinarily, it can take up to a year for a mega-cap stock to be included in the Nasdaq-100.

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