S&P 500 rejects SpaceX, also blocking entry for OpenAI and Anthropic S&P Dow Jones Indices has decided against waiving or changing eligibility rules for expedited entry into the S&P 500 index, rejecting SpaceX’s request. This decision means SpaceX, and potentially other AI companies like OpenAI and Anthropic, will not gain accelerated access to passive investment funds. The index provider opted to maintain its existing criteria regarding seasoning periods, profitability, and investable weight factors, despite SpaceX’s significant market capitalization and current unprofitability.

• S&P Dow Jones Indices refused to alter its rules for SpaceX’s entry into the S&P 500.
• SpaceX’s request for accelerated entry, which included waiving seasoning periods and profitability requirements, was denied.
• The decision blocks immediate access to potentially billions in passive investment funds for SpaceX, OpenAI, and Anthropic.
• Concerns about market risks associated with SpaceX’s AI ventures and speculative plans may have influenced the decision.
• While the S&P 500 denied exceptions, other indexes like Nasdaq-100 and Russell Top 500 have offered accelerated entry for SpaceX.
• Morningstar analysts have previously described SpaceX as significantly overvalued ahead of its IPO. Continue reading https://arstechnica.com/tech-policy/2026/06/sp-500-blocks-fast-spacex-entry-wont-waive-rule-for-unprofitable-ai-firms/