S&P Global said it ​was not changing the requirements for entry, effectively ruling out a swift entry for the IPO into the benchmark S&P 500 index.

SpaceX set out its IPO pitch to retail investors early on Thursday with a video in which Chief Financial Officer Bret Johnsen joins the dots between the company’s rocket, satellite and AI businesses.

S&P Global said on Thursday it would keep the existing criteria for entry into its major indices, dashing hopes of a swift S&P 500 (SP500) inclusion for Elon Musk’s SpaceX (SPCX) following what is expected to be the world’s largest-ever IPO.

By Tatiana Bautzer and Nupur Anand NEW YORK, June 4 (Reuters) - Wall Street's investment banking giants are feting hopeful buyers of Elon Musk's SpaceX at splashy events that kicked off on Thursday, offering something most banks can't: access to the rocketmaker's top executives ahead of its blockbuster IPO next week.

The company added a warning to prospective investors that a major dilution could be in the cards after it goes public.

Retail investors are expected to play a big role SpaceX's upcoming IPO, but that means it's likely to be more volatile than other trading debuts.

The brokerage giant is letting customers with as little as $2,000 in a trading account submit offers to buy SpaceX at the IPO price.

SpaceX is set to launch the largest IPO in U.S. history as early as June 12 at a valuation near $1.75 trillion. With more than 555 million Class A shares set to be listed at $135 each, with the aim of raising roughly $75 billion,