S&P 500 rejects SpaceX, also blocking entry for OpenAI and Anthropic
Ars Technica AI · Jeremy Hsu · 2026-06-05
S&P Dow Jones Indices rejects SpaceX's request for accelerated S&P 500 inclusion, a decision that also forecloses a fast-track path for OpenAI and Anthropic following their anticipated IPOs.
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Extraction
Topics: stock-market-indexesspacex-ipoai-company-ipopassive-investingai-funding
Claims
- S&P Dow Jones Indices declined to waive its profitability requirement to grant SpaceX accelerated entry into the S&P 500.
- The ruling eliminates a potential fast-track precedent that OpenAI and Anthropic could have used following their own expected IPOs.
- S&P 500 membership would have directed billions of dollars from passive investment funds automatically into SpaceX shares.
- AI companies are increasingly shifting the cost of running AI services onto customers through usage-based pricing as data center funding challenges mount.
Key quotes
An exception for SpaceX could have also allowed leading AI companies such as OpenAI and Anthropic to gain entry not long after their own expected initial public offerings (IPOs). That possibility has now been shuttered.
The news will likely come as a relief to people concerned about passive investor money and people's retirement savings plans having greater exposure to the market risks associated with SpaceX's big bet on AI and speculative orbital data center plans.