Investing in an S&P 500 ETF? You May Want to Think Twice Starting in 2027
SpaceX (SPCX) is just the first mega-IPO to hit the market. And that could make tech concentration risk even worse.
Overview
The last couple of years will come to be known as the artificial intelligence (AI) boom period. We've seen it in technological development. We've seen it in tech stock share prices. And most recently, we've seen it in Space Exploration Technology Corp., or SpaceX, the largest initial public offering (IPO) in history.
SpaceX isn't the only mega-IPO we'll see. Anthropic and OpenAI are likely to go public later this year and become trillion-dollar companies themselves.
Details
While this creates significant investor enthusiasm, it also poses risks to portfolios.
Source
Originally published at www.fool.com.
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