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NEW YORK, June 5, 2026, 05:06 (EDT) S&P Global left its headline rules for index entry untouched, a move that blocks Elon Musk’s SpaceX from sliding into the S&P 500 via a fast track. The rocket, satellite and AI giant is lining up what could be the world’s biggest IPO. According to Reuters, SpaceX is aiming for a valuation near $1.75 trillion, with plans to raise $75 billion. (Reuters) Now, index entry isn’t just about prestige. If SpaceX landed in the S&P 500, passive funds tracking the index would need to scoop up the stock—injecting automatic demand right as the

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