this post was submitted on 06 Jun 2026
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S&P 500 rejects SpaceX, also blocking entry for OpenAI and Anthropic (arstechnica.com)
submitted 2 days ago by kinther@lemmy.world to c/technology@lemmy.world
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[–] Bluescluestoothpaste@sh.itjust.works 3 points 1 day ago* (last edited 1 day ago)

It's because they keep printing more and more dollars and issuing debt, those extra printed dollars have to go somewhere and they buy more stocks with it.

https://en.macromicro.me/charts/28906/SPX500-Index-vs-Dollar-Index

People/mainstream media just assume stock market goes up means the companies are more valuable -- for the past year or so it really just means the dollar has been going down aka inflation