They didn’t reject adding SpaceX, they simply said they would not change the rules to add it early, like the other indexes are. Those rules include a minimum time listed as a public company, a certain percentage of shares being floated to the public, and some profitability. I doubt SpaceX ever gets there.
Some of those other AI companies might make it through the gauntlet, though, and be listed eventually.
The S&P 500 rejected adding SpaceX though. So no worries from them but when AI crashes and burns so will your 401k.
They didn’t reject adding SpaceX, they simply said they would not change the rules to add it early, like the other indexes are. Those rules include a minimum time listed as a public company, a certain percentage of shares being floated to the public, and some profitability. I doubt SpaceX ever gets there.
Some of those other AI companies might make it through the gauntlet, though, and be listed eventually.
Also, NASDAQ will be changing its rules to list SpaceX as soon as 15 days after IPO.