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Wall Street Eyes OpenAI as Funds Stockpile Cash Ahead of Potential IPO

Wall Street Eyes OpenAI as Funds Stockpile Cash Ahead of Potential IPO

SAN FRANCISCO, May 27, 2026, 07:02 PDT Big U.S. mutual funds and passive index funds are already stashing cash, and some are even considering trimming big-cap positions, analysts say, all in anticipation of headline-making IPOs from OpenAI and SpaceX. That kind of tactical shift puts OpenAI’s rumored offering on the radar screen—giving it a leg up in the market conversation
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