Measuring Early-Stage Market Value When Earnings are Negative and PE Ratios Undefined.
Does this decision by S&P to not alter its inclusion rules to the index matter. Some tech investors will still want to own SpaceX and will have to pare holdings of other stocks to do so. Eventually SpaceX will be allowed entry and anticipation of that even should cause it to rise. https://www.cnbc.com/2026/06/05/spacex-blocked-from-early-us-benchmark-index-entry-as-sp-reaffirms-existing-rules.html
Does this decision by S&P to not alter its inclusion rules to the index matter. Some tech investors will still want to own SpaceX and will have to pare holdings of other stocks to do so. Eventually SpaceX will be allowed entry and anticipation of that even should cause it to rise. https://www.cnbc.com/2026/06/05/spacex-blocked-from-early-us-benchmark-index-entry-as-sp-reaffirms-existing-rules.html