After SpaceX listed as SPCX, MSCI and FTSE Russell moved to fast-track it into major indexes, while S&P Dow Jones kept its four-quarter GAAP profitability rule.
The reported figures show why investors are paying attention: scale arrives before proof is complete, and the gap between promise and delivery will be judged through deployment, margins and regulatory reaction.
For readers, the practical point is to separate the headline valuation from the business mechanism. The winners will be the projects that convert AI capability into repeatable work, not just a larger launch narrative.
Sources：CNBC、Stocktwits、CocoLoop、CME Group.