The SpaceX IPO could be coming for the Magnificent Seven and chip stocks

Initial public offerings for tech companies worth trillions of dollars are fast approaching, and they could spell a massive reshuffle in retail stock holdings. SpaceX, which debuts Friday on the Nasdaq, is aiming for a valuation of about $1.77 trillion. Artificial intelligence companies Anthropic and OpenAI are expected to go public later this year at valuations close to $1 trillion. …