Wall Street’s “FAB 10” expands the “Magnificent 7” with SpaceX, OpenAI and Anthropic

Wall Street investors are rallying around a new “FAB 10” label that extends the “Magnificent 7” to include SpaceX, OpenAI and Anthropic. The shift follows SpaceX’s high-profile listing and reflects expectations that OpenAI and Anthropic could pursue IPOs later this year. While the tag is not a tradable basket, it reinforces a narrative that the AI theme is spreading beyond a handful of megacaps, particularly benefiting chip and semiconductor-equipment suppliers.