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SpaceX set for fast entry into US, global indexes under new FTSE rules

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FTSE Russell said SpaceX is now eligible for inclusion in both the Russell U.S. Equity Indexes and FTSE Global Equity Index Series under newly announced fast-entry rules. The update is procedural rather than financial, but it could support index-driven demand for SpaceX if and when it is added. No valuation, revenue, or operational figures were disclosed.

Analysis

FTSE Russell said SpaceX is now eligible for inclusion in both the Russell U.S. Equity Indexes and FTSE Global Equity Index Series under newly announced fast-entry rules. The update is procedural rather than financial, but it could support index-driven demand for SpaceX if and when it is added. No valuation, revenue, or operational figures were disclosed.

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