Tom Lee: Tech IPO Supply Won't Crash S&P 500

Fundstrat analyst Tom Lee believes the market can absorb a significant influx of new tech IPOs, potentially totaling trillions of dollars. Companies like SpaceX, Anthropic, and OpenAI are poised to go public, but Lee suggests that investors with substantial unallocated capital are ready to buy. This demand is expected to prevent a market downturn, even with the increased supply of shares. His analysis indicates a healthy appetite for new tech ventures among institutional and retail investors alike, suggesting market resilience.