Two days after the midterms, SpaceX and SK hynix closed below their IPO prices. On election day, both had closed above.
On Thursday the Nasdaq fell 5.5%; Cerebras ended 56% below its own. Capital Economics cites concern that Democrats “will seek to regulate the AI industry and restrict data center development.” Anthropic’s own IPO filing warns that data-center pauses “could delay or prevent” the facilities it relies on.
Anthropic was expected to list this month, raising up to $100 billion; Vital Knowledge says the rout could delay it. OpenAI cut its funding target from $30 billion to $20 billion.
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Would your plan still work at Thursday’s prices? strategist.intelligenxe.com
