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.