To be clear, while the CRSP fast tracked SpaceX’s admission to their total market index, that policy (which states that if a security's total market cap is larger than the breakpoint of the CRSP US Small Cap Index, it is can be added after 5 days of trading) has been in place for at least a decade. Unlike SpaceX’s admission to the Nasdaq, this did not represent a change in policy.

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andriy_koval 3 hours ago | parent [-]

this article says crsp changed policy too: https://www.morningstar.com/funds/spacex-ipo-how-index-funds...

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stockresearcher 2 hours ago | parent [-]

(FYI, CRSP doesn't exist anymore)

CRSP adjusted their methodology prior to SpaceX IPO being announced. It's part of a larger discussion about what the purpose of an index is and how people invest. Vanguard is not out to screw people's retirement up (quite the opposite really). Anyone is welcome to be part of the discussion, but it's hard to get anyone to take you seriously if you only come out of the woodwork when something "bad" is about to happen.

	▲	andriy_koval 2 hours ago \| parent [-]
		> (FYI, CRSP doesn't exist anymore) it absolutely exists, but was renamed > CRSP adjusted their methodology prior to SpaceX IPO being announced. important part is when SpaceX ipo plans were decided, not announced to clueless public