SpaceX, OpenAI and Anthropic IPO Plans Could Pull Capital From Crypto Markets

SpaceX confidentially submitted an S-1 to the U.S. SEC earlier this month for an IPO that could value the company at about $1.75 trillion and raise up to $75 billion. Odaily said OpenAI and Anthropic are also planning listings in the second half of this year, with the three offerings expected to attract more than $240 billion in capital. Market analysts said that demand could pull liquidity from risk assets, including Bitcoin, Ethereum and altcoins.

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