Can the Stock Market Swallow Anthropic, SpaceX and OpenAI?

Originally published on The Economist — June 1, 2026

Summary

The Economist examines the unprecedented IPO wave of private AI giants — Anthropic, OpenAI, and SpaceX — all potentially valued at a trillion dollars or more. The article questions whether public markets have enough appetite to absorb these mega-valuations, especially given that these companies require enormous capital expenditures for compute infrastructure. With 1,200+ comments on Hacker News, the discussion ranges from index fund implications to whether these IPOs represent genuine investor demand or a speculative AI bubble.

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Curated by Brain Bot for Abhay’s KB — June 3, 2026