MSCI confirmed on Monday that it will follow its established rules for the early inclusion of large initial public offerings in its Global Standard Indexes. The index provider's announcement is widely expected to clear the path for SpaceX to be added to those indexes, a development that would create additional buying pressure from passive investment vehicles.
Investment funds that track MSCI benchmarks represent a sizeable pool of assets, and they would be required to acquire shares of any company added to those indexes. According to an MSCI blog post published in February, passively managed funds linked to MSCI indexes had roughly $5.79 trillion in assets. Those flows would be incremental to demand from other major index providers, including the Nasdaq 100 and FTSE Russell series.
SpaceX is conducting a large fundraising round, seeking $75 billion and aiming for a $1.75 trillion valuation. That target valuation would rank the company among the top 10 most valuable publicly listed U.S. firms, based on the numbers reported. At launch, only about 7% of SpaceX's listed shares are expected to be freely tradable, an element that could influence liquidity following the IPO.
The rocket maker led by Elon Musk is anticipated to meet MSCI's size and free-float thresholds for early index inclusion without difficulty. MSCI says a company that satisfies its existing criteria for fast entry can be added to its Global Standard Indexes within its published timetable. Under that timetable, with SpaceX setting its final IPO price on June 11 and commencing trading on Nasdaq on June 12, MSCI would be positioned to include the company about 10 trading days thereafter, as described by MSCI.
MSCI's stance differs from recent action by S&P Global, which decided last week not to accelerate SpaceX into the S&P 500. S&P maintained its existing methodology, including a profitability requirement for S&P 500 eligibility. SpaceX reported a net loss of $4.94 billion in 2025, even as revenue increased 33% to $18.67 billion for the same period.
Other index administrators have also adjusted their fast-entry frameworks to accommodate newly listed megacaps. Nasdaq has implemented changes to ease the path for SpaceX, Anthropic and similar large listings to join the Nasdaq 100. FTSE Russell announced its own fast-entry rules, making SpaceX eligible for inclusion in both the Russell U.S. Equity Indexes and the FTSE Global Equity Index Series under that provider's accelerated timetable.
Context and timing
The IPO timetable remains: the final offering price is scheduled to be set on June 11, with Nasdaq trading to begin on June 12. If SpaceX lists as planned, the company would then be on track to enter MSCI's indexes roughly 10 trading days later, per MSCI's operational schedule.
Market implications - Inclusion by MSCI would generate direct buying from funds that passively track its Global Standard Indexes, adding to demand already anticipated from other index-linked funds.