Massive IPOs of SpaceX and OpenAI Could Signal a Market Peak

CNBC says SpaceX has confirmed IPO plans, while OpenAI and Anthropic are also weighing listings this year.

Market strategists warn that a wave of mega-IPOs can resemble the late-1990s dot-com peak.

SpaceX’s large losses and the still-weak profitability of AI firms are fueling concerns.

Investors are watching these offerings as a gauge of market euphoria and stretched valuations.