
7 days
I checked vanguard when spacex floated and they had a good explainer. I didn’t dig deep enough to find it on the S&P documentation, but in this article under 3 things to consider, it mentions S&P requires a company to be profitable in its recent quarter or the sum of its previous 4 quarters https://corporate.vanguard.com/content/corporatesite/us/en/corp/articles/staying-grounded-moonshot-ipos.html


Possibly because AI scam is moving into the consolidation phase where a handful of large companies will own it all and they don’t really have to market any more