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S&P 500 rejects SpaceX, also blocking entry for OpenAI and Anthropic

arstechnica.com

June 6, 2026

2 min read

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79/100

Summary

S&P Dow Jones Indices has denied SpaceX's request for expedited entry into the S&P 500, maintaining its rules for inclusion. The decision also affects other unprofitable AI companies, such as OpenAI and Anthropic, which are similarly blocked from entry.

Key Takeaways

The S&P 500 has denied SpaceX's request for expedited entry, maintaining its rules for profitability and share availability.
The decision also prevents AI companies like OpenAI and Anthropic from gaining accelerated access to the index during their expected IPOs.
SpaceX's current unprofitability and significant debt of $29 billion influenced the S&P's decision to uphold its entry requirements.
The S&P Dow Jones Indices considered potential rule changes for MegaCap companies but ultimately decided against them after a monthlong consultation.

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Community Sentiment

Mixed

Positives

The decision by S&P 500 to block entry for companies like OpenAI and Anthropic is seen as a necessary move to protect investors from potential risks associated with AI.

Concerns

Critics argue that the S&P 500's actions reflect a lack of understanding about the transformative potential of AI companies, which could stifle innovation and investment in the sector.