Analysts warn that upcoming mega-IPOs from SpaceX (private) and OpenAI (private) may indicate a market peak
The surge of major IPOs, particularly from companies like SpaceX and OpenAI, raises concerns among analysts that the market may be nearing its peak, reminiscent of the dot-com bubble in the late 1990s. This situation is compounded by the lack of profitability among these firms, which could pose risks for investors.