Stock Markets Signal They’re Ready to Absorb Google and Anthropic Capital Raises

Stock markets, which have been waiting for some of the hottest artificial intelligence and tech companies to finally make plans for public listings, are now seeing several lining up in procession—with a bit of capital raising from one of the biggest companies in the world added for good measure. Alphabet said late Monday it plans to raise around $80 billion in fresh equity capital over the coming days, including a $10 billion injection from Berkshire Hathaway as it seeks to fund its “expansionary moment” in the AI evolution and build on its “foundational infrastructure to support the significant growth opportunity ahead.” The surprise move, and the largest equity capital raising from a listed U.S. company on record, comes just days ahead of Elon Musk’s highly anticipated $2 trillion SpaceX IPO, which is poised to seek around $86.5 billion, once over allotments are factored in, from what’s expected to be the largest listing in market history.