Nasdaq Mulls New ‘Fast Entry’ Rule Ahead of Big IPOs Like SpaceX

The owner of the Nasdaq 100 Index is proposing to speed up the inclusion of newly listed, large-cap firms in the widely followed equity benchmark as a flurry of technology giants are slated to go public this year.

Dubbed as the “fast entry” rule, the planned revision would allow a new listing to join the Nasdaq 100 after the first 15 trading days, Nasdaq said in a statement. That’s way shorter than the current waiting period of at least three months.

The move highlights pressure on index providers to adapt to a world where companies wait much longer to ...