Vote against S&P changing rules to fast track IPOs into the S&P 500 indexes(SPY, VOO) - (Deadline TOMORROW, May 28)
u/manbearpig008 ·
Reddit — r/wallstreetbets
· May 27, 2026 at 22:35
· ⬆ 134 pts
· 💬 33 comments
| View on Reddit ↗
AI Summary
Summary
The post warns that S&P is consulting on a rule change to fast-track large, unprofitable tech/AI IPOs (OpenAI, SpaceX, Anthropic) into the S&P 500 index.
Author argues this would force passive ETFs (SPY, VOO) to buy overvalued, unprofitable companies at peak valuations, leaving index investors as bag holders.
Quality assessment: Speculation / noise; lacks rigorous data or analysis, primarily a call to action rather than research.
Score134
Comments33
Upvote %94%
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S&P is having public consultation to rewrite the rules so they can fast-track massive, unprofitable tech/AI IPOs (like OpenAI, SpaceX, and Anthropic) straight into the S&P 500.
You can voice your concerns against this here -
S&P Dow Jones Indices Consultation on Treatment of MegaCap Companies
[https://www.spglobal.com/spdji/en/governance/consultations/mr4292/](https://www.spglobal.com/spdji/en/governance/consultations/mr4292/)
I know it might not make a difference but we can at-least try to raise our concerns.
If this passes, massive passive ETFs (like SPY and VOO) will be forced to blindly buy billions of dollars of overhyped, unprofitable IPOs at peak valuations leaving all the index buyers to be unwilling bag holders.