How skeptical should investors be of these mega-IPOs?


As markets (^DJI, ^IXIC, ^GSPC) prepare for the public launch of SpaceX (SPAX.PVT) on June 12, should investors be skeptical of these mega-IPOs expected to sweep Wall Street?

9i Capital Group founder and CEO Kevin Thompson cites the circular investing occurring between Big Tech names and these pre-IPO companies — SpaceX, OpenAI (OPAI.PVT), Anthropic (ANTH.PVT).

OpenAI and Anthropic have also filed to go public in 2026.



Source link

  • Related Posts

    U.S. Job Market Pushes Past Shocks and Strains

    The labor market has shifted into a higher gear, powering through an energy shock and immigration restrictions to pull more people into work even as consumers sour on an economy…

    Nasdaq 100 Falls 3% as Rotation Out of Tech Stocks Continues

    (Bloomberg) — The S&P 500’s longest weekly winning streak in four decades was stopped on Friday by the same cohort that’s powered the index’s yearlong advance — technology megacaps. Read…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Trump Keeps Immunity from I.R.S. Audits, Even as $1.8 Billion Fund Falls Away

    Trump Keeps Immunity from I.R.S. Audits, Even as $1.8 Billion Fund Falls Away

    U.S. Job Market Pushes Past Shocks and Strains

    U.S. Job Market Pushes Past Shocks and Strains

    Paramount Skydance Is Buying Mortal Kombat And Batman, But That’s Not All It’s Doing To Expand Its Gaming Footprint

    Paramount Skydance Is Buying Mortal Kombat And Batman, But That’s Not All It’s Doing To Expand Its Gaming Footprint

    Crown Princess Mette-Marit of Norway Is Placed on Lung Transplant List

    Crown Princess Mette-Marit of Norway Is Placed on Lung Transplant List

    NDP statement on the anniversary of the 1984 Sikh Genocide « Canada’s NDP

    NDP statement on the anniversary of the 1984 Sikh Genocide « Canada’s NDP

    Nasdaq 100 Falls 3% as Rotation Out of Tech Stocks Continues