3 ms·

> There's just not enough money in the market to buy all those shares What are you basing this on?

devmor 6mo ago
They might be conflating the valuation of these three companies with one of the recent analyses that the presumed valuation of the current “AI Economy” is an order of magnitude over the valuation of the total wealth of the world.
deleted 6mo ago
[deleted]
vincent_s 6mo ago
The amount of new shares for sale could be very large in those three IPOs: SpaceX: up to $75B [1] OpenAI: at least $60B [2] Anthropic: more than $60B [3] Together, that would be about $195B+ of IPO shares to buy. For comparison, all U.S. IPOs together raised $44.0B in 2025 [4]. All IPOs in the world together raised $171.8B in 2025 [5]. So where should the money come from? Either from selling shares in other companies or from loaning money which would only make sense if the Fed brings back ZIRP. [1] https://www.reuters.com/business/aerospace-defense/spacex-targets-more-than-2-trillion-valuation-ipo-bloomberg-news-reports-2026-04-02/ https://www.reuters.com/business/aerospace-defense/spacex-ta... [2] https://www.reuters.com/business/openai-lays-groundwork-juggernaut-ipo-up-1-trillion-valuation-2025-10-29/ https://www.reuters.com/business/openai-lays-groundwork-jugg... [3] https://www.investing.com/news/stock-market-news/anthropic-considers-ipo-as-soon-as-q4-2026-the-information-4584016 https://www.investing.com/news/stock-market-news/anthropic-c... [4] https://www.renaissancecapital.com/review/2025USReview_Public.pdf https://www.renaissancecapital.com/review/2025USReview_Publi... [5] https://www.ey.com/en_ie/newsroom/2026/01/global-ipo-market-stabilises-in-2025-while-2026-pipeline-signals-potential-ai-led-mega-wave https://www.ey.com/en_ie/newsroom/2026/01/global-ipo-market-...
- nonethewiser 6mo ago
  >So where should the money come from? Selling shares of other companies. If you think there isn't enough capital headroom, it's not SpaceX/OpenAI/Anthropic you should be worried about.
- JumpCrisscross 6mo ago
  > Together, that would be about $195B+ of IPO shares to buy...For comparison, all U.S. IPOs together raised $44.0B in 2025 Net buying of corporate equities by American households, trusts, funds and non-profits has averaged $660bn per year for the last few years [1]. [1] https://www.federalreserve.gov/releases/z1/20260319/html/f224.htm https://www.federalreserve.gov/releases/z1/20260319/html/f22... line 26, 2023 to 2025
  - deleted 6mo ago
    [deleted]

They might be conflating the valuation of these three companies with one of the recent analyses that the presumed valuation of the current “AI Economy” is an order of magnitude over the valuation of the total wealth of the world.

deleted 6mo ago

[deleted]

vincent_s 6mo ago

The amount of new shares for sale could be very large in those three IPOs: SpaceX: up to $75B [1] OpenAI: at least $60B [2] Anthropic: more than $60B [3] Together, that would be about $195B+ of IPO shares to buy. For comparison, all U.S. IPOs together raised $44.0B in 2025 [4]. All IPOs in the world together raised $171.8B in 2025 [5]. So where should the money come from? Either from selling shares in other companies or from loaning money which would only make sense if the Fed brings back ZIRP. [1] https://www.reuters.com/business/aerospace-defense/spacex-targets-more-than-2-trillion-valuation-ipo-bloomberg-news-reports-2026-04-02/ https://www.reuters.com/business/aerospace-defense/spacex-ta... [2] https://www.reuters.com/business/openai-lays-groundwork-juggernaut-ipo-up-1-trillion-valuation-2025-10-29/ https://www.reuters.com/business/openai-lays-groundwork-jugg... [3] https://www.investing.com/news/stock-market-news/anthropic-considers-ipo-as-soon-as-q4-2026-the-information-4584016 https://www.investing.com/news/stock-market-news/anthropic-c... [4] https://www.renaissancecapital.com/review/2025USReview_Public.pdf https://www.renaissancecapital.com/review/2025USReview_Publi... [5] https://www.ey.com/en_ie/newsroom/2026/01/global-ipo-market-stabilises-in-2025-while-2026-pipeline-signals-potential-ai-led-mega-wave https://www.ey.com/en_ie/newsroom/2026/01/global-ipo-market-...

nonethewiser 6mo ago
>So where should the money come from? Selling shares of other companies. If you think there isn't enough capital headroom, it's not SpaceX/OpenAI/Anthropic you should be worried about.
JumpCrisscross 6mo ago
> Together, that would be about $195B+ of IPO shares to buy...For comparison, all U.S. IPOs together raised $44.0B in 2025 Net buying of corporate equities by American households, trusts, funds and non-profits has averaged $660bn per year for the last few years [1]. [1] https://www.federalreserve.gov/releases/z1/20260319/html/f224.htm https://www.federalreserve.gov/releases/z1/20260319/html/f22... line 26, 2023 to 2025
- deleted 6mo ago
  [deleted]