Ameriprise sees mega-cap AI IPOs pressuring crowded tech trades as SpaceX targets $75 billion raise

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  • Ameriprise analysis flagged potential equity rotation as SpaceX, Anthropic, OpenAI IPO supply competes for capital already concentrated in AI-linked winners.
  • SpaceX expected to price June 11 at USD 135, raising about USD 75 billion at a roughly USD 1.75 trillion valuation; trading June 12.
  • Institutional participation likely funded by trimming large-cap growth holdings; retail demand could draw from USD 7.9 trillion in money market assets.
  • Goldman projects SpaceX revenue rising to about USD 474 billion by 2030, with AI revenue near USD 322 billion; Morningstar estimates USD 780 billion value.
  • IPO history points to volatility risk; Truist found average first-year maximum drawdown near 55% across major IPOs, with performance often weakening near lockup expiry.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ameriprise Financial Inc. published the original content used to generate this news brief on June 08, 2026, and is solely responsible for the information contained therein.