As SpaceX, Anthropic, and OpenAI eye massive IPOs, their leaders face Wall Street's scrutiny. Past market debuts offer cautionary tales, from Google's Playboy interview during a quiet period to Zuckerberg's casual attire. Executives must navigate roadshows and regulatory filings carefully to avoid costly missteps and ensure investor confidence.

Cerebras was the warning. SpaceX, OpenAI, and Anthropic could bring the same AI IPO lockup risks at a far bigger scale.

The companies driving artificial intelligence need access to ever-increasing amounts of capital at ever-increasing valuations. That makes them vulnerable.