It'll Be Awhile Before SpaceX Joins S&P 500 ETFs

Friday, June 12, is shaping up to be a memorable day in financial market history, as SpaceX stock will finally become available to the broader investing public.Elon Musk's company is poised to shatter initial public offering (IPO) records, with reports indicating SpaceX will sell 555.6 million shares publicly to raise $75 billion at a valuation of $1.77 trillion. Yet for all the noteworthy footnotes attached to this IPO, SpaceX is going to miss out on a big one: faster-than-usual inclusion in the S&P 500 (SNPINDEX: ^GSPC).SpaceX won't be gaining fast entry into S&P 500 ETFs. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool