New stocks can pop. But are IPOs right for you?
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- Cerebras Systems debuted on Nasdaq with a 68% first‑day price surge after its AI‑chip IPO, following a $60 billion valuation the week before.
- SpaceX is slated for a June 12 IPO that could raise $80 billion and push its market value to roughly $1 trillion, according to the Wall Street Journal.
- OpenAI is expected to go public later in 2026 with an implied valuation of $852 billion.
- Anthropic is also slated for a 2026 IPO with a projected valuation of $900 billion.
- TD Direct Investing offers a New Issue Centre that alerts clients to upcoming IPOs and enables online orders, aiming to broaden retail access despite board‑lot requirements.
Why it matters: Retail investors gain a chance to own high‑growth AI stocks, but board‑lot limits and limited US‑listing access hurt Canadian participants, while AI firms secure billions in fresh capital to fund expansion.
