Quote · Excess Returns
The $2 Trillion Question | Tobias Carlisle on SpaceX, the AI Buildout, and the Rotation No One Sees
Where this was said
SpaceX, giant IPOs and market supply
At 30:26 · chapter starts 28:06
Three of the largest IPOs ever are coming at once. Carlisle wonders if SpaceX marks the cycle top, noting a sharp small-value vs. large-growth swing on the day of its debut. [1] — Tobias Carlisle "Three signals are converging that may mark the top of the AI boom: the SpaceX IPO is forcing the S&P 500 to absorb a massive new entrant, O…" 30:00
Three signals are converging that may mark the top of the AI boom: the SpaceX IPO is forcing the S&P 500 to absorb a massive new entrant, OpenAI and Anthropic seeking $80 billion are pulling liquidity from the market, and Time Magazine just put AI on the cover — the same indicator that called 'death of equities' in 1979.
