Financial Mirror
The blockbuster IPOs expected imminently from SpaceX, OpenAI and Anthropic could weaken the grip the Magnificent Seven — Apple, Microsoft, Nvidia, Amazon, Meta, Alphabet, Tesla — have held over Wall Street for years, according to Nigel Green, CEO of leading financial advisory deVere Group. Nasdaq is moving to accelerate index inclusion rules for newly listed companies, opening the door for mega-IPOs with relatively small public floats to enter key benchmarks far sooner than under previous standards. At $400 bln, the Elon Musk-led SpaceX is expected to launch one of the largest initial public offerings in history, with reports suggesting a The post SpaceX, OpenAI, Anthropic IPOs to topple ‘Magnificent Seven’ grip appeared first on Financial Mirror .
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