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SpaceX and Anthropic mega-IPOs could mark end of bull run, Bank of America suggests

Summary by CNBC
Rule changes for faster inclusion and rejiggering the math on free float multiples "smack of late-stage machinations," the bank said.

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SpaceX and Anthropic mega-IPOs could mark end of bull run, Bank of America suggests

Rule changes for faster inclusion and rejiggering the math on free float multiples "smack of late-stage machinations," the bank said.

·United States
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A Big Rally Is Brewing on the Stock Market, but It's Too Early to Rejoice: a Painful Market Crash Could Be the End of the Story

The expected IPOs of SpaceX and Anthropic may not be as good news for investors as many think. According to a Bank of America analysis, the giant IPOs could signal the end of the bull market and put serious pressure on existing stocks, CNBC reports.

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CNBC broke the news in United States on Wednesday, May 6, 2026.
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