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Tech Equity Sales Renew AI Debt-Binge Worries

Tech Equity Sales Renew AI Debt-Binge Worries
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Tech Equity Sales Renew AI Debt-Binge Worries Tech companies are selling stock like it’s the dot-com boom, and some investors fear that’s a bad sign for bondholders. This month alone, there’s been an $85 billion share sale from Alphabet Inc. and a $75 billion record-setting initial public offering by SpaceX. More are coming, with OpenAI considering an IPO as soon as next year, after rival Anthropic PBC, and Meta Platforms Inc. mulling raising equity.

Tech Equity Sales Renew AI Debt-Binge Worries Tech companies are selling stock like it’s the dot-com boom, and some investors fear that’s a bad sign for bondholders. This month alone, there’s been an $85 billion share sale from Alphabet Inc. and a $75 billion record-setting initial public offering by SpaceX. More are coming, with OpenAI considering an IPO as soon as next year, after rival Anthropic PBC, and Meta Platforms Inc. mulling raising equity. [Image text:] MOBIDO Nasdaq
Tech Equity Sales Renew (ORG) Alphabet Inc. (ORG) IPO (ORG) PBC (ORG) Meta Platforms Inc. (ORG)
Originally published by Bloomberg Markets Read original →