S&P 500 rejects SpaceX, also blocking entry for OpenAI and Anthropic

Re:S&P 500 rejects SpaceX, also blocking entry for OpenAI an... by matwood on Saturday June 06, 2026 @06:35AM (#48423512)

Anthropic has raised $130B. It's a bit more than selling a share to your mate for $1.

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Re:S&P 500 rejects SpaceX, also blocking entry for OpenAI an... by Matl on Saturday June 06, 2026 @06:51AM (#48423606)

Yes, it's like selling a share to a group of mates who hear from their mates that AI is hot so they want in. Still does nothing for the profit not being there to pay those investors back in any other way than via new investors (ie pension funds).

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Re:S&P 500 rejects SpaceX, also blocking entry for OpenAI an... by dfedbeef on Saturday June 06, 2026 @10:28AM (#48425480)

There should be a word for paying investors with money from other investors

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Re:S&P 500 rejects SpaceX, also blocking entry for OpenAI an... by codechicago277 on Saturday June 06, 2026 @11:07AM (#48425789)

Seems structurally sound, kind of like a pyramid.

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Re:S&P 500 rejects SpaceX, also blocking entry for OpenAI an... by jfyi on Saturday June 06, 2026 @02:37PM (#48427665)

Depends a lot on which end is pointing down.

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Re:S&P 500 rejects SpaceX, also blocking entry for OpenAI an... by chocrates on Saturday June 06, 2026 @09:11PM (#48430796)

A reverse funnel

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Re:S&P 500 rejects SpaceX, also blocking entry for OpenAI an... by dfedbeef on Tuesday June 09, 2026 @08:46AM (#48460408)

Also, which way down is.

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Re:S&P 500 rejects SpaceX, also blocking entry for OpenAI an... by kmbfjr on Saturday June 06, 2026 @09:40AM (#48425032)

Is it when X is clearly engaging in creative financial engineering with a goal of maximizing their value.

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