#1S&P 500 Rejects SpaceX, Blocks OpenAI and Anthropic Entry
The S&P 500 index committee declined to waive its profitability requirement for SpaceX and confirmed the same rule blocks OpenAI and Anthropic: companies must post positive GAAP net income in their most recent quarter and across the trailing four consecutive quarters. HN's 331-comment thread was largely supportive of the decision, with passive investors relieved the index wouldn't bend its rules for high-profile names. The ruling is a stark marker of how far the biggest AI companies still are from sustainable profitability.



