SpaceX has become one of the most valuable companies in history. Yet despite its massive valuation and market influence, Wall Street’s most powerful index gatekeepers are still keeping their distance.
Why?
Behind every major stock index lies a little-known reality: a small group of people can influence where trillions of dollars flow. Their decisions affect retirement funds, pension plans, ETFs, and the portfolios of millions of investors around the world.
In this episode, we explore the hidden power behind the S&P 500, revisit Tesla’s dramatic battle for inclusion in 2020, examine Warren Buffett’s famous million-dollar bet, and uncover why Elon Musk’s latest challenge may have less to do with technology—and more to do with the financial establishment.
This is the story of passive investing, market power, and one of Wall Street’s least understood institutions.
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