The IPO market is expected to be subdued this year, with only a handful of venture-backed tech companies considering going public, despite the mega-IPOs of SpaceX and Anthropic. SpaceX's IPO was the largest ever, valued at $1.75 trillion, and Anthropic is reportedly targeting a $2 trillion listing. Some startups are postponing their IPOs due to concerns about being outshone by these mega-IPOs and the upcoming major election.
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