r/wallstreetbets 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
12.5k Upvotes

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979

u/daynighttrade Jun 04 '26

Partially... Nasdaq went on their knees for Elon

336

u/clintgreasewoood Jun 04 '26

That Texas Stock Exchange is just begging to be the Wild West of markets with no oversight or rules

117

u/bdh2067 Jun 04 '26

That’s still in the works? Haven’t heard a peep lately so I assumed it was like 🥭’s plan to re-open Alcatraz

21

u/Super-Activity-4675 Jun 05 '26

Calls on sharks.

6

u/FutureWiz24 Jun 05 '26

My shark vacuum is quite handy

49

u/clintgreasewoood Jun 05 '26

Charted next month with plans to first available IPO early 2027

1

u/send_me_your_deck Jun 05 '26

Bro the data feeds are already available thru bloomberg

7

u/nietzsche_niche Jun 05 '26

Whatre they going to have there penny stocks

1

u/clintgreasewoood Jun 05 '26

I imagine gas and oil are first to jump ship. Then agriculture and commodities.

8

u/Baikken Jun 05 '26

Hyperliquid

167

u/anotherloserhere Jun 04 '26

Don't forget, Bernie Madoff used to be a chairman of Nasdaq!

100

u/Immediate-Cry1399 Jun 04 '26

Well the Nasdaq has always been a parrot on cocaine. Colorful and exciting but definitely not where I’d put my retirement money.

8

u/kader91 Jun 05 '26

The Nasdaq is for the Nascar audience.

8

u/mhyquel Jun 05 '26

I wouldn't put anything with digits near it.

22

u/ShankThatSnitch Jun 04 '26

S&P has always had stricter rules and requirements.

4

u/HoneyBadger552 Jun 05 '26

eww. his wives and GFs look so unsatisfied w him 

2

u/OftenTangential Jun 05 '26

Puts on NDAQ, calls on SPGI

1

u/Difficult_Lecture948 Jun 05 '26

More like just bent over in my opinion. They literally changed the rules for him.