---
type: "Topics"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/topics/39668530.md"
description: "After this round of financing, OpenAI is valued at 840 billion, SpaceX at 1.5 trillion, and Anthropic at 380 billion. If they all IPO this year, an IPO typically releases 5~10% of the floating shares. Calculated this way, the total fundraising scale would be between 110 billion and 150 billion. This scale is unlikely to cause a liquidity crisis.However, the potential danger lies in the passive portfolio rebalancing by institutions after listing. These three companies are considered must-haves in their respective fields. For institutions to rebalance and hold them, they will inevitably need to reduce holdings in other stocks. The commercial aerospace sector where SpaceX operates is not large and can attract incremental funds, so it's unlikely to siphon off other companies in the same sector. But the AI software sector where OpenAI and Anthropic operate is already very large. With limited incremental funds, it can only rob Peter to pay Paul. Software stocks may continue to be impacted.Of course, the cycle of this passive rebalancing is not that fast; it might only become apparent 3 to 6 months after listing. What needs to be considered is which companies are more likely to become the potential targets of siphoning after the OpenAI/Anthropic IPOs.$iShares Expanded Tech Software Sector ETF(IGV.US)"
datetime: "2026-04-01T10:19:30.000Z"
locales:
  - [en](https://longbridge.com/en/topics/39668530.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/39668530.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/39668530.md)
author: "[lyhalfway](https://longbridge.com/zh-HK/profiles/3372973.md)"
---

> 支持的語言: [English](https://longbridge.com/en/topics/39668530.md) | [简体中文](https://longbridge.com/zh-CN/topics/39668530.md)


# After this round of financing, OpenAI is valued at…


### 相關股票

- [OpenAI (OpenAI.NA)](https://longbridge.com/zh-HK/quote/OpenAI.NA.md)
- [Destiny Tech100 (DXYZ.US)](https://longbridge.com/zh-HK/quote/DXYZ.US.md)
- [Tesla (TSLA.US)](https://longbridge.com/zh-HK/quote/TSLA.US.md)
- [iShares Expanded Tech Software Sector ETF (IGV.US)](https://longbridge.com/zh-HK/quote/IGV.US.md)

## 評論 (13)

- **輸棟樓的韭菜 · 2026-04-01T13:57:09.000Z · 👍 2**: I don't think it's a non-event in the near term. In fact, the significant pullback during this period, driven by news in software stocks + the Iran conflict, might very well be related to this matter. Many institutions have already positioned themselves in the three companies ahead of the IPO.For ex
- **苟住能赢 · 2026-04-01T13:36:14.000Z**: Microsoft has a stake in OpenAI. Its impact on Microsoft will depend on Microsoft's stock price at that time. If the P/E ratio remains the same as it is now, it will take off; otherwise, it will be suppressed.
- **rechenhh · 2026-04-01T13:20:18.000Z**: Will it affect ETH? 🤔
- **Liora · 2026-04-01T11:27:56.000Z**: Is this talking about Oracle and Microsoft? Hahaha
  - **lyhalfway** (2026-04-01T11:35:15.000Z): No, I'm still bullish on Microsoft.
- **洪福齐天天天 · 2026-04-01T10:53:23.000Z**: Is Oracle about to die? 😇
- **新用户_0M1Ri · 2026-04-01T10:36:35.000Z**: Hope it gets better and better
- **FakePhoenix · 2026-04-01T10:22:47.000Z · 👍 1**: They will only go public after the price rises to a suitable level, and then we can also reduce our positions.
  - **lyhalfway** (2026-04-01T10:25:49.000Z): Yes, in order to accommodate these big players, all parties have the motivation to push the overall market up first.
  - **FakePhoenix** (2026-04-01T10:28:35.000Z): Listing at the most insane ATH is the best way to harvest the most naive investors; they would never go public if the overall market is unstable this year.
  - **lyhalfway** (2026-04-01T10:31:05.000Z): Only when it reaches ATH will more retail investors come in, purely incremental funds