By Daragh Thomas
Publication Date: 2026-06-10 09:45:00
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
NYU professor Scott Galloway warns a wave of upcoming AI IPOs could trigger an 80% collapse for one new market debut, and the aftershocks may hit already-public AI names like Nvidia Corp and Tesla Inc.
The Prof G Markets co-host issued the call on his podcast this week. SpaceX is set to list Friday at a fixed $135 per share, while Anthropic and OpenAI both disclosed confidential IPO filings within the past week.
“I got to think that in the next 12 to 24 months, one or two of these three companies is off 60 or 80%,” Galloway said. “I just don’t see how they maintain this momentum.”
Don’t Miss:
Galloway compared the AI buildout to the railroad and dot-com booms, eras where transformative technology still produced crashes for the companies laying the infrastructure.
Cisco Systems Inc lost more than 90% of its value between 1999 and 2001 and never…