No. of Recommendations: 7
I have heard some of what SpaceX has done to game-ify the SP500 for its benefit.
...
I thought I saw that the S&P wasn't going to be drinking this particular Kool-aid. Has something changed?
There is a theory (not mine) that goes something like this:
xAI, like the other LLM firms, is scrambling to build the data centres it needs.
Yet they leased out a huge amount of computing power to Anthropic and Alphabet, against the business needs of xAI, to generate some immediate revenue, mainly for the purpose of making 2026 look profitable at the group level, since the S&P requires a year of profitability before index inclusion.
Nothing wrong with profits, of course. But there is a case to be made for trying to make the profits within your putative areas of business.
Jim
