MSCI will apply early inclusion rules for large IPOs, potentially adding SpaceX to its Global Standard Indexes. This move is expected to drive significant demand from passively managed funds tracking MSCI benchmarks. SpaceX’s upcoming IPO, targeting a $1.75 trillion valuation, positions it for inclusion despite a recent net loss.
India back at no.6 in m-cap league after Korea stock rout
India has reclaimed its position as the sixth largest economy by market capitalization. This shift occurred as South Korea’s market cap saw a significant drop.