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S&P 500 rejects SpaceX, also blocking entry for OpenAI and Anthropic
521–524 of 524 posts
Re: S&P 500 rejects SpaceX, also blocking entry for OpenAI and Anthropic
#522Would SpaceX really want to be in the S&P 500 though? All that quarterly reporting and shareholder pressure might slow down what they do. Maybe this is a blessing in disguise.
Re: S&P 500 rejects SpaceX, also blocking entry for OpenAI and Anthropic
#523Earlier quoted context omitted.
Thanks for pointing this out! It seems obvious in retrospect, but the fact that SpaceX will be "valued" at $1.75 trillion after the IPO is irrelevant when only $75 billion worth of its stock will be publicly traded. $75 billion in float-adjusted market cap puts it around 180-190th in the S&P 500. So sure, it will likely get in there eventually, but there's no rush to bend the rules to get it in right away.
Wait until you hear about float multiple Nasdaq is doing.
Spoiler alert - it's 5X for this.
Re: S&P 500 rejects SpaceX, also blocking entry for OpenAI and Anthropic
#524Earlier quoted context omitted.
This comparison is nuts and invalid. Each of Anthropic/OpenAI/SpaceX has more revenue than the mentioned companies combined at IPO time. Doomers gonna doom
If only hackernews had /remindme like on reddit
Have you been reminded yet? +40% looks pretty nice on my SpaceX position right now, taking profit.