Scaramucci warns SpaceX, AI mega-IPOs could mark market peak
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Scaramucci warns that the upcoming IPO wave, including SpaceX and AI companies, may signal a market peak, citing risks of liquidity drains and inflated valuations. BofA’s Hartnett cautions that these IPOs could elevate tech's market share beyond historical bubble peaks. Additionally, auditors have raised concerns about SpaceX's related-party debt deals, questioning its financial transparency ahead of its IPO.
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