The SpaceX IPO Domino Effect

SpaceX’s $75B offering will impact a lot than just the employees and investors who are looking to cash in on their stock. It will also be a gauge of enthusiasm for tech IPOs, helping set the stage for other mega IPOs like Anthropic and OpenAI. If SpaceX’s IPO doesn’t take off, “you’d see a pullback in institutional capital that would have been available for other IPOs that want to go later this year,” said Ran Ben-Tzur, co-head of the capital markets and public companies group at law firm Fenwick.