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AEROSPACE NEWS

SpaceX Enters Index Funds, Paving Way for OpenAI and Anthropic

Key Takeaways
  • SpaceX entered the CRSP US Total Market Index five days after its IPO.
  • New index rules may allow OpenAI and Anthropic to follow.
  • The rules changed to accommodate companies with low public float.
  • S&P 500 index did not change its rules, excluding SpaceX for now.
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Strategic Implications

The inclusion of SpaceX in index funds may indicate a shift in how large, unprofitable companies are treated by index providers, which could have implications for the broader market and investor portfolios. The rules change suggests that index providers are adapting to the growing number of large, privately-held companies going public, which may lead to increased exposure to these companies in retirement accounts.

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What Happened

New Index Rules Bring Trillion Dollar Companies to Retirement Accounts

SpaceX has become the first company to benefit from new index rules, entering the CRSP US Total Market Index just five days after its IPO. The change in rules, which now allow companies with lower public floats to be included, may also pave the way for OpenAI and Anthropic to join index funds in the future. The S&P 500 index, however, has decided not to change its rules, excluding SpaceX from its index for now. This development was reported by Moneywise.

Source | Originally Published: June 28, 2026

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JUMPSEAT
AEROSPACE NEWS
JUMPSEAT
AEROSPACE NEWS

SpaceX Enters Index Funds, Paving Way for OpenAI and Anthropic

Sponsored by: Jumpseat Solutions
Key Takeaways
  • SpaceX entered the CRSP US Total Market Index five days after its IPO.
  • New index rules may allow OpenAI and Anthropic to follow.
  • The rules changed to accommodate companies with low public float.
  • S&P 500 index did not change its rules, excluding SpaceX for now.
Sign in to view key takeaways Get full access to in-depth analysis and key takeaways.
Sign In
Silver membership required Upgrade to Silver to access Key Takeaways.
Upgrade
Strategic Implications

The inclusion of SpaceX in index funds may indicate a shift in how large, unprofitable companies are treated by index providers, which could have implications for the broader market and investor portfolios. The rules change suggests that index providers are adapting to the growing number of large, privately-held companies going public, which may lead to increased exposure to these companies in retirement accounts.

Sign in to view strategic implications Get full access to strategic analysis and expert insights.
Sign In
Silver membership required Upgrade to Silver to access Strategic Implications.
Upgrade

What Happened

New Index Rules Bring Trillion Dollar Companies to Retirement Accounts

SpaceX has become the first company to benefit from new index rules, entering the CRSP US Total Market Index just five days after its IPO. The change in rules, which now allow companies with lower public floats to be included, may also pave the way for OpenAI and Anthropic to join index funds in the future. The S&P 500 index, however, has decided not to change its rules, excluding SpaceX from its index for now. This development was reported by Moneywise.

Source | Originally Published: June 28, 2026

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