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SpaceX IPO and AI Giants Threaten 40% U.S. Stock Plunge, Economists Warn

Stocks AI Industry News

2026-06-23 05:07:21

According to MarketWatch, economists warn that massive IPOs, including SpaceX's recently completed offering and expected listings from OpenAI and Anthropic, could trigger a near 40% drop in U.S. equities this year. Harvard economist Xavier Gabaix and University of Chicago scholar Ralph Koijen's research identified a 5-to-1 multiplier effect: each dollar leaving the stock market reduces overall market value by five dollars. If SpaceX, OpenAI, and Anthropic collectively raise $200 billion, the cascading effect could erase up to $1 trillion in U.S. stock market value. GMO research shows that when monthly IPO volume rises to 5% of total stock market capitalization, equities face an average 40% decline risk over the following 12 months.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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