@tiktok_us owner ByteDance will likely go public in the future, but even if it lists in the US it will never be in the S&amp;P 500 because it is a Chinese company. This example demonstrates one suboptimal feature of indexing as we explain here: https://t.co/6zbiYwzlf2 $SPY $FB $GOOG https://t.co/tHyXJdDHWE