According to the new rules of the FTSE index, SpaceX is about to be rapidly included in U.S. and global indices.

According to index provider FTSE Russell, Elon Musk's SpaceX company meets the criteria for inclusion in the Russell US Stock Index and the FTSE Global Stock Index series under the newly announced fast inclusion rules. As a business under the London Stock Exchange Group, FTSE Russell proposed in February of this year to introduce a fast inclusion mechanism for initial public offerings, and revised the inclusion criteria for the Russell US Stock Index. The index provider stated that SpaceX's investable market value is estimated to be around $70 billion, meeting the entry thresholds of both indexes - the $17.5 billion market value adjustment set by the Russell 500 Index and the $13.5 billion fast inclusion threshold set by the FTSE Global Stock Index series. SpaceX's listing is expected to be a major highlight in the IPO market this year, with 2022 poised to be one of the busiest IPO years in recent memory. Many high-profile venture capital-backed companies and startups, including OpenAI and Anthropic, are preparing for their respective initial public offerings. Musk's space company is planning to go public with a valuation potentially reaching $1.75 trillion and is expected to be included in the Russell 50, 200, and 1000 indexes. It may also be included in the FTSE GEIS Global Equity Index series, FTSE Global Index, FTSE World Index, and FTSE Global All-Cap Index. However, the index provider cautioned that this evaluation is based on SpaceX's current S-1 registration statement and limited public information, and subsequent filing documents could result in changes to the evaluation. Media reports suggest that SpaceX is planning to go public as early as June 12, with the roadshow set to begin on June 4 and stock sales expected to start as early as June 11.