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Is There Enough IPO Money On Planet Earth To Fund SpaceX?
4 min read
The mega IPOs are coming. SpaceX is set to go public on June 12, raising $75 billion to $80 billion at a market valuation of up to $1.8 trillion. It will be the largest equity offering in history. Then, Anthropic and OpenAI are expected to go public with market capitalizations of $1 trillion to $1.75 trillion each. Fears are mounting that the "AI-3" IPOs will suck
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Ed Yardeni
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Toby Hearst
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Joe Abbott