Is There Enough IPO Money On Planet Earth To Fund SpaceX?

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 the oxygen out of the rest of the stock market. We aren't as concerned.

The combined market value of these three companies is widely expected to total $4 trillion to $5 trillion once they go public. The capital being raised is around $200 billion. To raise so much money, Wall Street's investment bankers are planning to give retail investors the opportunity to participate in these IPOs. We expect that they will respond enthusiastically.