
S&P 500 holds firm on profitability rules, blocks SpaceX and AI startups
Hacker News·1mo·maltalex
The S&P 500 index committee rejected SpaceX's fast-track entry and won't waive profitability requirements for OpenAI and Anthropic either. The decision underscores that even hypergrowth companies with massive valuations still need to clear traditional financial hurdles—a reminder that index inclusion isn't automatic for the hot names, regardless of hype.
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