Anthropic and OpenAI are expected to follow SpaceX onto the stock market, but doubts are growing over whether top AI labs can earn enough to justify the hype.
Wall Street is getting ready for what could be the three biggest stock market debuts in history. SpaceX has already gone public. Anthropic and OpenAI, two of the leading AI companies, are expected to follow. But as investors rush in, a Fast Company report points to a growing question: can these companies ever make enough money to justify the excitement?
An initial public offering, or IPO, is when a private company sells shares to the public for the first time. Anyone with a brokerage account could then buy a piece of it. The report describes SpaceX, Anthropic and OpenAI as the three offerings that could become the biggest ever.
The concern is about value. Anthropic and OpenAI are often described as the builders of the future of AI. The report asks whether the companies themselves will capture the profits, or whether someone else may end up owning that future. Doubts are growing that the top AI labs can earn enough to match the hype around them.
Anyone who owns stocks, index funds or a retirement account could end up holding these shares. Large public companies often make up a big part of the funds many people already own. That means AI company shares may soon sit inside your investments, whether you picked them or not.
The material available does not say when Anthropic or OpenAI might list, what their shares would cost, or how much money they make today. It also does not say who the report believes could end up owning the AI future. Those details matter, and they are worth watching as filings and news come out.
AI company shares may soon be in your investments, so check what your funds hold and remember that big hype does not guarantee big profits.
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