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Biggest IPO wave in history promises $3 trillion in value -- with no profits.
stock :: 1day ago :: source - reuters
By Shashwat Chauhan, Purvi Agarwal and Medha Singh
(Reuters) - SpaceX, OpenAI and Anthropic are shaping up to deliver the largest wave of initial public offerings in history and the three companies are losing money, a combination without precedent in U.S. market debuts.
The trio could add $3 trillion in combined market value to the more than $69 trillion U.S. equity market, LPL Financial estimates, in listings likely to deliver the most consequential test of investor appetite for high-growth technology stocks in the recent decade.
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