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Spiros Margaris@SpirosMargaris
Via @ashleycapoot and @Kr00ney in @CNBC.
4hViews 28
The projected equity represents nearly 10% of US GDP
Users criticized Anthropic, OpenAI, and SpaceX IPO plans because none of the companies are conventionally profitable yet and index funds may become forced buyers shortly 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.