Not yet, the IPOs have not started to go bunkers. We are not there yet, but eventually. Nothing goes up forever.

Here's the scenario I see: SpaceX, OpenAI and such go public; AI and tech stocks prices rise to unbelievable heights; We see news stories about someone getting close to becoming a 2x trillionaire; inflation rises; fed raises rates; stocks begin to fall; people panic sell and crash the market.