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Nasdaq President on Winning SpaceX IPO, Rule Changes

IPOs & SPACsRegulation & LegislationMarket Technicals & FlowsManagement & Governance

Nasdaq President Nelson Griggs said no rules were broken in Nasdaq's effort to win the SpaceX initial public offering, which could become the largest IPO ever. He also pointed to new rules that allow companies to be added to Nasdaq's index faster. The comments are mostly procedural and informational, with limited near-term market impact.

Analysis

Nasdaq President Nelson Griggs said no rules were broken in Nasdaq's effort to win the SpaceX initial public offering, which could become the largest IPO ever. He also pointed to new rules that allow companies to be added to Nasdaq's index faster. The comments are mostly procedural and informational, with limited near-term market impact.

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