Goldman CEO: No Funding Concerns for OpenAI, SpaceX and Anthropic IPOs
Goldman Sachs CEO David Solomon said investors have entered “greed mode,” adding that liquidity is sufficient to support major IPOs by OpenAI, SpaceX and Anthropic. Goldman raised its S&P 500 year-end target to 8,000.
Goldman Sachs CEO David Solomon said investors have entered “greed mode.” He said market liquidity was sufficient to support initial public offerings by major companies. Solomon said this trend could lead to major IPOs by companies such as OpenAI, SpaceX and Anthropic.
Solomon cited investors’ demand for AI as evidence. He pointed to the example of Alphabet, whose share price moved sharply after the company announced an additional stock issuance worth 800 billion dollars. He said the case showed investors’ appetite for risk.
Goldman Sachs raised its S&P 500 year-end target to 8,000. The report said it expects NVIDIA and Micron to lead earnings growth going forward. It said the performance of these companies would contribute to overall earnings growth.
Solomon reiterated that a lack of liquidity would not become an obstacle to large IPOs. He said investors continue to maintain demand for technology stocks, particularly AI-related shares. Goldman Sachs explained that it adjusted its market target based on this demand.
Solomon’s remarks summarized investor demand and Goldman Sachs’ market outlook. They included the assessment that funding conditions were sufficient to support large IPOs. Based on this assessment, Goldman Sachs raised its index target.
Sources: Benzinga
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