Why trillion-dollar companies are looking to launch public offerings | The Business | ABC NEWS

ChatGPT maker OpenAI has confidentially filed for a US initial public offering on Monday (US time), joining rival Anthropic in a push toward a stock market listing as investors seek exposure to the artificial intelligence boom.
OpenAI hasn't disclosed the size or terms of the offering and said a timeline had not yet ​been determined.
It comes just days before Elon Musk's SpaceX launches its public offering.
NAB director of SMSF and investor behaviour, Gemma Dale joined The Business to discuss what is known about Open AI's lodgement of paperwork for an IPO, and whether the IPO 'boom' is worth buying into.
The nabtrade analyst says founders and early investors want to bring their holdings and investments to market at the most opportune time and sell a proportion of their holdings at the highest possible valuation.
"Given the Nasdaq is up 33 per cent year-on-year...there's no question that equity markets, particularly the AI sector, are super hot right now. This is a fabulous time to list your company if you have AI exposure," Gemma Dale says.
"If you're buying, you may want to do a little bit of research."
She says some people will have passive investment in these companies through their superannuation, if they have exposure via the Nasdaq 100.
However, those with passive exposure to the S&P 500 will have to wait 12 months, as there are different rules for different indices.
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