SpaceX's record-breaking market debut has pushed Wall Street to widen its favourite shorthand of the so-called 'Magnificent 7', with strategists folding Elon Musk's firm, OpenAI and Anthropic into a new 'FAB 10' label that captures the next phase of the AI trade.

The IPO, the biggest in US history, vaulted SpaceX's value above two Mag 7 members: CEO Elon Musk's other company, Tesla , and Meta Platforms. With trillion-dollar contenders…

The spectacular debut of SpaceX paves the way for an unprecedented series of floats this year as AI giants like Anthropic and OpenAI plan to go public.