Tom Lee: SpaceX, OpenAI IPO Supply Manageable for Markets

TLDR Tom Lee said a wave of mega IPOs led by SpaceX will not crash the S&P 500. He estimated SpaceX, OpenAI, and Anthropic could add trillions of dollars in new equity supply. Lee said the combined IPO supply could equal about 5% to 6% of the S&P 500 market value. He stated that strong [...]

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