Uploaded June 2026 | Updated September 2026, 2 weeks ago

---

Can stock markets handle a wave of “giga-IPOs” from SpaceX, Anthropic and OpenAI entering public markets? Joshua Roberts, The Economist’s capital-markets correspondent, and Jason Palmer, co-host of The Intelligence podcast, discuss why these firms are going public now, how giant listings could affect index funds and pension savers and what history suggests about investing in newly listed companies.

00:21 - Why are SpaceX, OpenAI and Anthropic going public now?
01:28 - What happens when giant IPOs enter stock-market indices?
02:09 - Is there concern about the speed or the size of these listings?
02:53 - Should investors buy into the IPO wave?
03:00 - Are IPOs usually a good investment?
06:52 - What do these listings say about the future of stock markets?

Listen to the full episode:https://econ.st/4eoekyB
Subscribe: economist.com/subscribe
Download the App: economist.com/get-the-app

Instagram: instagram.com/theeconomist
Facebook: facebook.com/TheEconomist
X:https://x.com/TheEconomist

#TheEconomist #SpaceX #IPO