JPMorgan: A merger with Tesla could be SpaceX's ticket into the S&P 500

JPMorgan analysts noted that a merger between SpaceX and Tesla could pave the way for SpaceX to quietly enter the S&P 500Tesla is currently already a constituent of the index. If Musk's two companies engage in a stock-for-stock transaction, this timeline could change, as historical precedent shows that the S&P index committee can exercise discretion to grant exceptions to certain eligibility requirements.