This is what playing under Mark Morrison, the most ineffective coach in all of professional hockey, does to a player. Unfortunately, it seems he has the joh in Manitoba until he doesn't want it anymore. #NHLJets
The S&P 500 has rejected SpaceX's $SPCX request for fast track inclusion into the index within 15 trading days
S&P announced it would make no changes to the core eligibility criteria. It explicitly rejected proposals to shorten the seasoning period or waive profitability and float requirements based on company size.
Earliest possible eligibility is now around mid-2027 (after the 12-month seasoning period).
It must also demonstrate sustained GAAP profitability (SpaceX reported a net loss of ~$4.94 billion in 2025 amid heavy investments).
This comes as a significant blow to hedge funds who were planning to offload shares onto passive investment 401Ks, precisely when insider share sales unlock in early July.