SpaceX has requested unusually swift entry into several leading stock market indexes as a condition of its historic stock market debut. But the S&P 500 stock market index representing many of the largest profitable US companies has surprised market analysts by refusing to bend the rules for Elon Musk’s space and AI company.

The June 4 decision by S&P Dow Jones Indices—the company that creates and manages stock market indexes such as the S&P 500—means that SpaceX will not gain accelerated access to potentially billions more dollars through passive investment funds that automatically purchase shares of S&P 500 companies. An exception for SpaceX could have also allowed leading AI companies such as OpenAI and Anthropic to gain entry not long after their own expected initial public offerings (IPOs). That possibility has now been shuttered.

The news will likely come as a relief to people concerned about passive investor money and people’s retirement savings plans having greater exposure to the market risks associated with SpaceX’s big bet on AI and speculative orbital data center plans. AI companies are generally facing more challenges in funding and building expensive AI data centers, even as they shift more of the subsidized costs of running AI services onto shocked customers through usage-based pricing.

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One of the world's biggest data center projects was designed to be nearly three times the size of Manhattan, stretching across multiple Utah sites. But intense local backlash in Box Elder County has now pushed the developer to cut the project plans in half before construction starts.

Residents' top concern was the Stratos data center project draining local waters, and they were willing to pay to protect them, most especially the vulnerable Great Salt Lake. Many locals paid a $15 fee to register comments to block the transfer of 1,900 acre-feet of water from a ranch to the hyperscale data center. Other concerns include electricity bills rising and potential risks to air quality, local wildlife, and land.

Venture capitalist Kevin O'Leary, chair of O'Leary Digital and Shark Tank investor, is behind the construction of the project. He told a local ABC affiliate that he regrets not working with state officials to be more transparent about the project from the beginning.

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Smartwatches can track your health stats, but they also do a lot of other things you might not always want or need. The $100 Fitbit Air tracker ditches the screens that have become common on people's wrists, leaving behind a tiny puck of health sensors you can often forget you're wearing. You will not, however, forget that Google's new health platform is built around AI.

The Air has no speaker, and there's only one LED on the side to indicate battery level. You can double-tap the tracker to check the level, and that's about the end of on-device features. The vibration motor is only for alarms—it can't sync with notifications on your phone. That makes sense, given there is no screen to tell you what that buzz was all about.

The Fitbit Air doesn't have a display or buttons—just a small LED on the side for battery status. Credit: Ryan Whitwam

The stock Performance Band is simple, consisting of a smooth polyester yarn with small velcro pads and a metal loop. It's durable but does seem to absorb a bit of moisture. For swimming or heavy workouts, you'll probably want the silicone active band. This one hides the Air puck a bit more effectively, and it looks good in a sporty way.

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Critics hope to keep Elon Musk from escaping a strict data-privacy order imposed by the Federal Trade Commission (FTC) shortly before he took over Twitter.

The FTC order placed restrictions on X's data use for 20 years, while requiring regular independent audits and granting the agency authority to request documents as needed to ensure compliance.

The FTC’s action came after Twitter voluntarily disclosed that between May 2013 and September 2019, a coding error accidentally allowed phone numbers and email addresses that users shared for two-factor authentication purposes to be used for targeted advertising aimed at those same users. In a settlement that came just months before Musk's 2022 takeover, Twitter agreed to pay $150 million and to allow the FTC to monitor the platform's data-handling practices until 2042 in order to protect user privacy.

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