Frank Talk: SpaceX, OpenAI and the trillion-dollar IPO shock ahead

The IPO market is experiencing a resurgence led by a new group of companies termed MANGOS, comprising Meta, Anthropic, Nvidia, Google, OpenAI, and SpaceX. This shift marks a transition from the previous FAANG era. With half of these entities preparing to enter public markets simultaneously, the trend serves as a significant stress test for investors and valuations, signaling a potential trillion-dollar IPO shock as these AI-driven powerhouses transition toward public ownership.