Hand-drawn building labelled THE 500 full of company logos, with the 501 character outside the fence
“not on the list.”REJECTED

WHY 501?

The S&P 500 is built around 500 leading companies.

But getting in isn't automatic.

Companies can meet the eligibility requirements and still not be selected.

The S&P 500 only allows 500 companies — no matter how big or good your company is, you will not enter that circle unless there is an open seat.

So what happens to the company standing outside the 500?

We call it 501.

The company they never made room for.

Backed by degens.

Welcome to The 501st Company.

THEY ACTUALLY GET LEFT OUT

“Meeting the requirements doesn't guarantee you a seat.”

Real example: Tesla became eligible for S&P 500 inclusion in 2020 and was widely expected by investors to be added — but it was initially passed over. Tesla was eventually added later that same year.

MAKE ROOM FOR
ONE MORE.

500 made the list.
We're building 501.

The 501st Company shed headquarters

COMPANY HQ

backed by degens.