π S&P 500 Denies SpaceX and Blocks Entry for OpenAI and Anthropic
S&P Dow Jones Indices has denied SpaceX accelerated inclusion in the S&P 500, maintaining strict profitability requirements. This decision also blocks immediate entry for other unprofitable AI giants, such as OpenAI and Anthropic.
π The decision highlights the gap between AI company valuations and market financial criteria, creating a barrier to the inflow of passive investment.
π€ Even with high market capitalization, AI startups will not be able to automatically enter indices, which will limit automatic stock purchases by large funds.