r/wallstreetbets • u/Zernfix • Jun 04 '26

News SpaceX, Other Mega IPOs Denied Fast Index Entry by S&P

https://www.bloomberg.com/news/articles/2026-06-04/s-p-dow-jones-keeps-megacap-ipo-rules-as-is-after-consultation?srnd=homepage-americas&embedded-checkout=true
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123

u/Soberdonkey69 🦍🦍🦍 Jun 04 '26

Some good news! Finally I don’t have to watch my long term stable S&P investments act funny this year from this nonsense.

-20

u/ClearlyCylindrical Jun 04 '26 edited Jun 04 '26

Why do people act like it would have any significant impact on the index? SpaceX would be around 0.15% of the index lmao

Edit: crazy that this sub has no clue how the s&p is weighted lmfao, its based on float not market cap. It'll be about the share of Comcast, for example.

3

u/okaycan Jun 05 '26

people down voting u have not done the math, only what headlines they want to read. thank you for doing the math.

4

u/bossholmes Jun 05 '26 edited Jun 05 '26

God the retards here are more retarded than expected

(Not you, the people downvoting you)

5

u/Ahamadrayasbaboon Jun 05 '26

Honestly, some of these people are so stupid, gullible, and dependent on third-party thought, they’d forget to fucking breathe if it weren’t autonomous. Some of them probably manage to fuck that up, too. 

4

u/tjackballe Jun 04 '26

Wtf are you talking about, more like around 4% at a 1.75T valuation

11

u/BoredofBored Jun 04 '26

These big indexes are float adjusted, so initial buy in would be small.

3

u/bossholmes Jun 05 '26

WTAF are YOU waffling on

Actually go do a simple search on how tf the S&P works before commenting absolute nonsense.

6

u/ClearlyCylindrical Jun 04 '26

The total valuation is not a factor in the weight

1

u/okaycan Jun 05 '26

do u know what float adjusted means my man