SpaceX Is Quickly Entering Index Funds. Will OpenAI and Anthropic do the Same After Their IPOs?
SpaceX's fast move into index funds could reshape how investors think about future AI IPOs.
Overview
Space Exploration Technologies (NASDAQ: SPCX) joins the Nasdaq-100 index on July 7, less than a month after going public. J.P. Morgan, part of JPMorgan Chase, estimates the move could create about $4.3 billion in passive buying by funds tied to the index.
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If OpenAI and Anthropic go public at valuations even close to expected, could they also quickly enter index funds, including the S&P 500? Let's find out.
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Originally published at www.fool.com.
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