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Add Anthropic and OpenAI to the list. Companies that are bleeding money. Personally, a company should be making money before adding it to the index.
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Hahaha what a fucking bozo.
Log out and dont talk about valuation again.
Matt Levine described it well ( https://www.bloomberg.com/opinion/newsletters/2026-05-21/spa... ) > The deal, with SpaceX, is that Elon Musk runs it however he wants, and he does weird stuff, and you have to trust him, and if you don’t like it you can’t complain. > When SpaceX acquired xAI a few months ago, did a special committee of independent directors approve the transaction? Did Musk recuse himself from negotiat…
Isn't that how Facebook is ran too? Basically Zuckerberg's private company, that in theory is public?
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There is a market for an S&P 500 ETF without those companies. I'll immediately switch over
Let me know if you find one! I'm at a loss. (And even then, if I switch I have to pay $$$ taxes on capital gains)
It's really concerning given how the indexes are changing rules to fast-track SpaceX being forced into index funds. S&P is also working on updates to S&P 500 to force it down everyone's throats quickly and algorithmically.
Add Anthropic and OpenAI to the list. Companies that are bleeding money. Personally, a company should be making money before adding it to the index.
Earlier quoted context omitted.
Add Anthropic and OpenAI to the list. Companies that are bleeding money. Personally, a company should be making money before adding it to the index.
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Earlier quoted context omitted.
Add Anthropic and OpenAI to the list. Companies that are bleeding money. Personally, a company should be making money before adding it to the index.
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Earlier quoted context omitted.
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> Because from where I'm sitting it seems like you're just operating on hopes and feels. I hate these flippant comments. Similarly, from where I'm sitting it seems you're struggling to disentangle revenue from profit.
By year three I am printing money.
It's not a flippant comment. It's basic math.
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Imagine not wanting to own a piece of the first company to make a re-usable orbital class booster.
> Imagine not wanting to own a piece of the first company to make a re-usable orbital class booster. They didn't say they didn't want to own it, they said they wanted to own it at a : "90% discount after the IPO and the next tech / AI correction." It is possible for a company to be both technically impressive and horrifically overvalued.
Matt Levine described it well ( https://www.bloomberg.com/opinion/newsletters/2026-05-21/spa... ) > The deal, with SpaceX, is that Elon Musk runs it however he wants, and he does weird stuff, and you have to trust him, and if you don’t like it you can’t complain. > When SpaceX acquired xAI a few months ago, did a special committee of independent directors approve the transaction? Did Musk recuse himself from negotiat…
Isn't that how Facebook is ran too? Basically Zuckerberg's private company, that in theory is public?