Comment by JumpCrisscross

> given that misinfo this was probably the right decision by S&P

The misinformation was almost certainly not taken into account, and it shouldn’t have been.

> everyone would be saying I told you so and screaming

Influencers will scream regardless. It’s what they’re paid to do. The NASDAQ 100 made these changes and is doing just fine.

> will overall end up costing index holders money though. They will ultimately get a worse entry price for SpaceX and the other mega IPOs

There are lots of indices. S&P largely targets those built around mature companies. If you want a total-market index, those exist and tend to rapidly incorporate IPOs.