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] To

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-...