AIArs Technicaabout 8 hours ago
S&P 500 refuses to waive rules for SpaceX
2 min read
S&P Dow Jones Indices refused on June 4 to bend entry rules for SpaceX, blocking the company from accelerated access to billions in passive investment funds. The decision also shuts the door for AI firms like OpenAI and Anthropic to gain fast entry after their IPOs. The index held a monthlong consultation on waiving seasoning and share availability requirements for MegaCap companies but declined to make exceptions.
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