SpaceX is seeking early entry into major stock indexes ahead of a potential $1 trillion IPO, the WSJ reports.

Elon Musk’s SpaceX is seeking early inclusion in major stock indexes ahead of a planned IPO later this year, aiming to boost liquidity and support its share price, the Wall Street Journal reported.

Advisers to the company have approached index providers such as Nasdaq to explore faster-than-usual entry into benchmark indexes, which typically require newly listed firms to wait several months. SpaceX is looking to bypass these rules as it prepares for what could be the largest U.S. IPO on record, targeting a valuation above $1 trillion, up from an estimated $800 billion previously.

Early index inclusion could attract inflows from index-tracking funds and ETFs, helping stabilize the stock in the volatile period following its debut.

Sources: Ayushman Ojha