SpaceX is blocked from early S&P 500 entry, while stocks are under pressure as investors await the May U.S. jobs report.
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S&P Global keeps S&P 500 entry rules unchanged, delaying SpaceX IPO inclusion.
Elon Musk rewrote the IPO playbook in almost every direction for SpaceX. The S&P 500 just reminded him there are rules he cannot rewrite. S&P Dow Jones Indices confirmed Thursday it is keeping its eligibility rules entirely unchanged, effectively ...
Up to a quarter of the rocket builder's $75bn float will be set aside for individual investors ...
Banks and stock exchanges have bent over backwards for the historic IPO of Elon Musk's rocket company ...
Some analysts see the firm as hugely overvalued.
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