S&P 500 will not be fast tracking SpaceX entry into its index and it won't waive its rule for unprofitable AI companies

The June 4 decision means that SpaceX will not gain accelerated access to potentially billions more dollars through passive investment funds that automatically purchase shares of S&P 500 companies. Modifying the rules in response to SpaceX’s request could have also allowed leading AI companies such as OpenAI and Anthropic to gain entry not long after their own expected IPOs. That possibility has now been shuttered. As a primarily boglehead investor, this is the best news I've heard all week. htt