SpaceX, Anthropic, OpenAI IPOs May Defy History

SpaceX, Anthropic, and OpenAI are preparing IPOs large enough to break the historical pattern of megacap tech stocks slumping in their first year. Truist Wealth found that 30 major tech IPOs over 15 years averaged a 55% maximum first-year decline. SpaceX seeks $75 billion in what would be the largest IPO ever.