US funds set aside cash as SpaceX and OpenAI prepare to go public, analysts say
Deutsche Bank said the largest expected IPOs equal a little over 0.1% of S&P 500 market cap.
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6 Articles
US funds set aside cash as SpaceX and OpenAI prep IPO
Large mutual funds and passive index funds are starting to set aside more cash and preparing to offload some of their existing holdings in large-cap stocks, as they prepare to add upcoming blockbuster IPOs like SpaceX and OpenAI to their portfolios.
US funds set aside cash as SpaceX and OpenAI prepare to go public, analysts say
On June 12, SpaceX will enter the stock exchange. OpenAI and Anthropic should soon follow suit. Why are these tech and AI mastodonts taking the step now? What are the risks for markets and private investors?
The SpaceX “Super-Cycle”: Why Mega-Funds Are Positioning Around the Largest Liquidity Event in History:
(HedgeCo.Net) SpaceX is no longer being viewed simply as a rocket company. For many of the world’s largest hedge funds, crossover investors, mutual funds, and private-market allocators, it has become the centerpiece of a new institutional “super-cycle” built around space infrastructure, satellite communications, defense technology, artificial intelligence connectivity, and the possibility of one of the largest public-market debuts ever attempted…
Megacap IPOs Trigger Fund Portfolio Shifts
Large mutual funds and passive index funds are setting aside additional cash and preparing to offload some existing holdings in large-cap stocks. This strategic move anticipates upcoming blockbuster initial public offerings (IPOs) from SpaceX and OpenAI. John Flood, managing director of Global Banking & Markets, FICC & Equities at Goldman Sachs, noted in a May 22 client brief that passive funds could be compelled to sell down current large-cap h…
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