<p>纳斯达克宣布了一系列规则变更，这可能帮助 <strong>埃隆·马斯克</strong> 领导的 <strong>SpaceX</strong> 在其首次公开募股（IPO）后 15 天内 在交易所上市。以下是您需要了解的内容：</p><h2>纳斯达克 100 的规则变更</h2><p>在周一发布的 声明 中，该指数表示已寻求对纳斯达克 100 方法论的一些修订的反馈，包括市场资本分析和加快进入指数的流程。</p><p>声明中提到，拟议的措施旨在确保该指数保持 “及时且能代表其所衡量的市场”，并补充说，该决定还将使该指数 “与其追踪 100 家最大非金融公司的目标保持一致”。</p><p>纳斯达克提议在计算公司市值以进行排名和纳入指数时，包括已上市和未上市的股票。“这只会影响资格，而不会影响权重，权重仍然基于上市市值，” 声明中表示。</p><p>该指数还提议为大型上市公司提供 “快速进入” 交易所的机会，根据早前的发布，如果新公司的 “整体市值在指数前 40 个成分股中排名”，则可以在 15 天内加入该指数。声明确实承认，多个个人投资者反对这一决定。</p><p>其他变更包括取消 10% 的自由流通要求，该要求规定公司必须保持至少 10% 的股份公开交易，以及共享低流通证券的权重将调整为其自由流通的三倍。纳斯达克表示，所有变更将于 2026 年 5 月 1 日起生效。</p><h2>SpaceX 可能受益的方式</h2><p>这些规则变更可能使 SpaceX 受益，报道称该公司正倾向于 在纳斯达克上市。具体而言，新规则将允许 SpaceX 在其计划的 IPO 后几乎立即加入该指数，马斯克表示该公司可能瞄准 $1.75 万亿的估值。</p><p>另一个可能使 SpaceX 受益的规则变更是提议将低流通证券的计算调整为其自由流通的 3 倍。投资者 <strong>迈克尔·伯里</strong>（因《大空头》而闻名）在提议时 批评了这一决定。</p><p>“如果 SpaceX 以 1.75 万亿的估值进行 IPO，并且流通 5% 的股份，那么大约会有 875 亿美元的股票可供公开交易，” 伯里说。他补充说，“根据纳斯达克提议的 5 倍乘数，该指数将把 SpaceX 的权重设定为其总市值的 25%”，这意味着资金将被迫购买，仿佛 “SpaceX 是一家市值 4375 亿美元的公司”。</p><h2>标普 500 规则变更</h2><p>由 <strong>标普全球道琼斯指数</strong> 管理的标普 500 指数， reportedly 正在考虑更改其入选规则。然而，在回应 Benzinga 的评论请求时，该指数表示 “不会对潜在的指数或方法论变更进行评论”。</p><p>当前规则规定，公司必须在美国注册，市值至少为 227 亿美元，并且公开上市 12 个月才能被纳入该指数。</p><p><em>通过</em> 点击此链接 <em>查看更多 Benzinga 的未来出行报道。</em></p><p><em>图片来源：Shutterstock</em></p>

<p>纳斯达克已宣布规则变更，这可能允许 SpaceX 在其首次公开募股（IPO）后的 15 天内加入交易所。变更包括纳斯达克 100 的新方法论，允许上市和未上市的股票都可以被纳入市值计算。此外，一项 “快速入场” 条款将使大型公司能够迅速加入，如果它们在前 40 个成分股中排名。这些变更将于 2026 年 5 月 1 日生效，可能会显著惠及 SpaceX，该公司目标为其 IPO 实现 1.75 万亿美元的估值</p>

<p>Nasdaq has announced a series of rule changes that could help <strong>Elon Musk</strong>-led <strong>SpaceX</strong> to be listed on the exchange within 15 days following its IPO. Here’s what you need to know:</p>
<div class="lb-trans"><p>纳斯达克宣布了一系列规则变更，这可能帮助 <strong>埃隆·马斯克</strong> 领导的 <strong>SpaceX</strong> 在其首次公开募股（IPO）后 15 天内 在交易所上市。以下是您需要了解的内容：</p>
</div><h2>Rule Changes To The Nasdaq 100</h2>
<div class="lb-trans"><h2>纳斯达克 100 的规则变更</h2>
</div><p>In a statement released on Monday, the index said it had sought feedback on a number of revisions to the Nasdaq 100 methodology, including market cap analysis and expedited entry into the index.</p>
<div class="lb-trans"><p>在周一发布的 声明 中，该指数表示已寻求对纳斯达克 100 方法论的一些修订的反馈，包括市场资本分析和加快进入指数的流程。</p>
</div><p>The proposed measures aimed to ensure that the index remained “timely and representative of the market it measures,” the statement said, adding that the decision would also let the index “be consistent with its objective of tracking the 100 largest non-financial companies,” on the platform.</p>
<div class="lb-trans"><p>声明中提到，拟议的措施旨在确保该指数保持 “及时且能代表其所衡量的市场”，并补充说，该决定还将使该指数 “与其追踪 100 家最大非金融公司的目标保持一致”。</p>
</div><p>Nasdaq proposed that it would include both listed and unlisted shares for calculating a company’s market capitalization for ranking and inclusion into the index. “This will only affect eligibility and not weighting, which remains based on listed market capitalization,” the statement said.</p>
<div class="lb-trans"><p>纳斯达克提议在计算公司市值以进行排名和纳入指数时，包括已上市和未上市的股票。“这只会影响资格，而不会影响权重，权重仍然基于上市市值，” 声明中表示。</p>
</div><p>The index also proposed a “fast entry” for large listed companies into the exchange, which, according to an earlier release, would let new companies be added to the index within 15 days if their “entire market capitalization ranks within the top 40 current constituents in the index.” The statement did acknowledge that multiple individual investors were against such a decision.</p>
<div class="lb-trans"><p>该指数还提议为大型上市公司提供 “快速进入” 交易所的机会，根据早前的发布，如果新公司的 “整体市值在指数前 40 个成分股中排名”，则可以在 15 天内加入该指数。声明确实承认，多个个人投资者反对这一决定。</p>
</div><p>Other changes include the removal of the 10% free-float requirement, which dictates that a company must maintain at least 10% of its shares to be publicly traded, as well as sharing that low-float securities’ weight would be adjusted to three times its free-float. Nasdaq said that all of the changes would take effect from May 1, 2026.</p>
<div class="lb-trans"><p>其他变更包括取消 10% 的自由流通要求，该要求规定公司必须保持至少 10% 的股份公开交易，以及共享低流通证券的权重将调整为其自由流通的三倍。纳斯达克表示，所有变更将于 2026 年 5 月 1 日起生效。</p>
</div><h2>How SpaceX Could Benefit</h2>
<div class="lb-trans"><h2>SpaceX 可能受益的方式</h2>
</div><p>The rule changes could benefit SpaceX, which had been reportedly leaning towards a listing on the Nasdaq. Specifically, the new rules would allow SpaceX to join the index almost immediately after its planned IPO, which could be targeting a $1.75 trillion valuation, according to Musk.</p>
<div class="lb-trans"><p>这些规则变更可能使 SpaceX 受益，报道称该公司正倾向于 在纳斯达克上市。具体而言，新规则将允许 SpaceX 在其计划的 IPO 后几乎立即加入该指数，马斯克表示该公司可能瞄准 $1.75 万亿的估值。</p>
</div><p>The other rule change that could benefit SpaceX is the proposal that would adjust low-float securities to be calculated at 3 times their free float. Investor <strong>Michael Burry</strong> of “The Big Short” fame criticized the decision at the time of its proposal.</p>
<div class="lb-trans"><p>另一个可能使 SpaceX 受益的规则变更是提议将低流通证券的计算调整为其自由流通的 3 倍。投资者 <strong>迈克尔·伯里</strong>（因《大空头》而闻名）在提议时 批评了这一决定。</p>
</div><p>“If SpaceX IPOs at $1.75 trillion and floats 5% of its shares, there would be roughly $87.5 billion worth of stock available for public trading,” Burry said. He added that “under Nasdaq’s proposed 5x multiplier, the index would weight SpaceX at 25% of its total market cap,” meaning that funds would be forced to buy as if “SpaceX were a $437.5 billion company.”</p>
<div class="lb-trans"><p>“如果 SpaceX 以 1.75 万亿的估值进行 IPO，并且流通 5% 的股份，那么大约会有 875 亿美元的股票可供公开交易，” 伯里说。他补充说，“根据纳斯达克提议的 5 倍乘数，该指数将把 SpaceX 的权重设定为其总市值的 25%”，这意味着资金将被迫购买，仿佛 “SpaceX 是一家市值 4375 亿美元的公司”。</p>
</div><h2>S&amp;P 500 Rule Changes</h2>
<div class="lb-trans"><h2>标普 500 规则变更</h2>
</div><p>The S&amp;P 500 Index, which is managed by <strong>S&amp;P Global Dow Jones Indices</strong> and lists some of the largest companies in the world, was also reportedly mulling changing its rules for entry into the index. However, responding to a request for comment by Benzinga, the index said that it “does not comment on speculation regarding potential index or methodology changes.”</p>
<div class="lb-trans"><p>由 <strong>标普全球道琼斯指数</strong> 管理的标普 500 指数， reportedly 正在考虑更改其入选规则。然而，在回应 Benzinga 的评论请求时，该指数表示 “不会对潜在的指数或方法论变更进行评论”。</p>
</div><p>Current rules dictate that a company must be domiciled in the U.S., have a market capitalization of at least $22.7 billion and be publicly listed for 12 months to be included in the index.</p>
<div class="lb-trans"><p>当前规则规定，公司必须在美国注册，市值至少为 227 亿美元，并且公开上市 12 个月才能被纳入该指数。</p>
</div><p><em>Check out more of Benzinga’s Future Of Mobility coverage by</em> following this link.</p>
<div class="lb-trans"><p><em>通过</em> 点击此链接 <em>查看更多 Benzinga 的未来出行报道。</em></p>
</div><p><em>Photo courtesy: Shutterstock</em></p>
<div class="lb-trans"><p><em>图片来源：Shutterstock</em></p>
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纳斯达克规则的变更可能使 SpaceX 在 IPO 后仅 15 天内加入指数——以下是具体方法