S&P 500 has rejected SpaceX's application for inclusion in the index and also indicated it won't make exceptions for unprofitable AI companies like OpenAI and Anthropic. The decision highlights the index's strict profitability requirements, which mandate four consecutive quarters of positive earnings. This move could impact these companies' access to institutional investors and potentially affect their valuations.
Background
The S&P 500 is a stock market index tracking the performance of 500 large companies listed on US stock exchanges, widely considered a leading indicator of US equities. Inclusion in the index is prestigious and can significantly impact a company's stock liquidity and valuation.
- Source
- Hacker News (RSS)
- Published
- Jun 6, 2026 at 12:38 PM
- Score
- 7.0 / 10