SpaceX, OpenAI and Anthropic IPOs to weaken ‘Magnificent Seven’ dominance
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5 Articles
Elon Musk, Sam Altman and Dario Amodei j have been fighting about how OpenAI could reach Google's air in artificial intelligence. Read more (05/23/2026
SpaceX, Anthropic and OpenAI's expected stock market outlets are ready to trigger an unprecedented wave of purchases and sales, as the new “accelerated incorporation” rules directly include those shares in the Wall Street indexes.The rules, implemented this month by the Nasdaq, imply that billions of dollars of passive money will flow automatically to the three companies shortly after they go on the stock market, pushing their prices but forcing…
SpaceX, OpenAI and Anthropic IPOs to weaken ‘Magnificent Seven’ dominance
The blockbuster IPOs expected imminently from SpaceX, OpenAI and Anthropic could weaken the grip the Magnificent Seven — Apple, Microsoft, Nvidia, Amazon, Meta, Alphabet and Tesla — have held over Wall Street for years, says Nigel Green, CEO of global financial advisory deVere Group. The comments come as Nasdaq moves to accelerate index inclusion rules for newly listed companies, opening the door for mega-IPOs with relatively small public floats…
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