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Financial TimesFriday, 22 May 2026
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SpaceX, OpenAI and Anthropic IPOs set to ignite Wall Street trading frenzy
Nasdaq loosens rules ● Passive investors could dump rival stocks ● ‘Trillionaire’ prospect for Musk
The paper frames the upcoming tech IPOs not merely as corporate milestones, but as structural shocks to the financial system, focusing on the mechanics of index weighting and passive investment flows.
Three of the world's most highly valued private technology companies are preparing to go public in close succession, creating massive capital requirements that will force index funds and institutional investors to fundamentally rebalance their portfolios.
“‘Trillionaire’ prospect for Musk”
“Market-focused realism”
Saudi Arabia curbs consultancy work and delays payments as Iran war bites
Examines the fiscal constraints and domestic economic impact of regional conflict on the kingdom's Vision 2030 modernization projects.
Tehran projects calm over supreme leader’s health
Contrasts official state messaging regarding the Iranian leader's health with underlying political uncertainties and succession rumors.
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