Meridian Resources

SpaceX, OpenAI, and Anthropic are heading toward some of the largest IPOs in market history — together seeking more capital than the entire U.S. IPO market raised in all of 2025. For investors, the excitement is real, but so is the risk of buying in without a plan.

Our latest research guide breaks down how the IPO process actually works, including the lock-up period that can affect a stock’s price months after listing, and why reading the company’s prospectus matters more than headlines. You’ll also see how today’s AI IPOs compare to the dot-com era, and what history tells us about the risks of buying at the wrong price or the wrong time.

A single hot IPO shouldn’t outweigh your broader plan. If you’re rethinking your approach to new opportunities, revisit why diversification still matters and how it fits into a long-term investment strategy. It’s also a good moment to review your current investments with your advisor.

Download the guide below to build a clear framework for evaluating the AI IPO wave — before you decide whether, and when, to invest. Have questions? Get in touch with our team.