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Spiros Margaris@SpirosMargaris
Via @ashleycapoot and @Kr00ney in @CNBC.
3hViews 28
The projected total represents roughly 10% of US GDP.
Users in the replies criticize planned IPOs for Anthropic, OpenAI and SpaceX because the companies lack conventional profits yet index funds may become forced buyers soon after listing.

Via @ashleycapoot and @Kr00ney in @CNBC.

https://www.cnbc.com/2026/06/08/openai-confidentially-files-for-ipo-prepping-wall-street-for-ai-debut.html

@Josh_Bersin What's wild is none of them are conventionally profitable yet, and index funds may be forced buyers within weeks of listing. Fastest wealth transfer in market history dressed up as tech optimism. Ride the wave, but know who's holding the bag at the top.