⚡ Technology🇮🇳 India
S&P 500 Shuts the Door on SpaceX, OpenAI and Anthropic
Ars Technica·Monday, 8 June 2026
The S&P 500 — the index that tracks America's biggest public companies — has blocked SpaceX from fast-tracking its entry. It also ruled out OpenAI and Anthropic from joining because they aren't profitable yet. This means these companies can't tap into the billions of dollars that passive investors automatically put into S&P 500 stocks.
Why It Matters
Indian mutual funds and index funds that track the S&P 500 would have automatically invested in these companies if they were included. This decision keeps that from happening for now.
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