SpaceX may put other mega-cap IPOs on the fast track.
According to Kathmere Capital Management's chief investment officer, it could emerge as the ultimate blueprint for Silicon Valley — especially when it comes to the expected Anthropic and OpenAI public debuts.
"It would not surprise me at all to see a similar dynamic play out with some of these [IPOs] set to come in the months ahead," Nick Ryder told CNBC's "ETF Edge" this week.
Ryder, whose firm provides financial advice to individuals and businesses, contends market conditions will determine whether upcoming mega-cap IPOs will rip a page from SpaceX's playbook.
"We've been in… a pretty historic two- [or] three-month rally for the equity market [which] was feeding into [SpaceX]," added Ryder. "When these other mega IPOs eventually come to market the environment might be different, and so it's really hard to predict how it will be."