To The Moon

Today’s post is taking a break from the usual all-serious, all-business posts that I have been sharing.

Let’s hope it finds traction with you as it did with me. Let’s Go !

FAANG > Mag 7 > MANGOS ?

Wall Street has never met an acronym it didn't like.

FAANG gave way to the Magnificent 7, and now a fresh label is making the rounds among investors - trying to capture the next leg of the artificial intelligence (AI) trade.

The new grouping, 50% marketing slogan and 50% investment thesis, goes by the name MANGOS.

The constituents are: (Six members in total)

• $Meta Platforms, Inc.(META)$.

• Anthropic.

• $NVIDIA(NVDA)$

• $Alphabet(GOOG)$.

• OpenAI.

• $Space Exploration Technologies(SPCX)$.

  .

Label Analysis.

The logic behind the basket is straightforward:

• 5 of 6 stocks are building frontier AI models, while NVDA supplies the chips powering the entire industry.

• Investor Gavin Baker has suggested that these companies could be worth up to $2 trillion combined if they were to IPO today.

• This is a figure that captures both the enthusiasm & speculative nature of the label.

This follows a broader trend of investors rotating into themed cohorts.

Just last week, traders were buzzing about the Parabolic 7, a group made up of:

• $SanDisk Corp.(SNDK)$.

• Marvell Technology (MRVL).

• Micron Technology (MU).

• Intel (INTC).

• Dell Technologies (DELL).

• Advanced Micro Devices (AMD).

• Broadcom (NASDAQ:AVGO).

Listed 3 MANGOS - in Brief.

Of the 6 MANGOS members, currently 3 are publicly traded. They are META, NVDA & GOOG.

As of 10 Jun 2026 end day

META.

• Posted Q1 2026 revenue of $56.31 billion, up +33% YoY, with EPS of $10.44.

• CEO Zuckerberg told investors the company is on track to deliver personal superintelligence to billions of people.

• FY 2026 capex guidance climbed to $125 - $145 billion.

• It's trailing P/E ratio of 21x sits well below the broader Magnificent 7 average,

• Prediction markets show an 89% probability that META will close above $520 at month-end.

• That implies another -$50 per share of free fall, at its worse. Oh dear !

• Its a fact that META has lagged the rally, with shares down -12.21% YTD, faring worse than Nasdaq. (see above)

As of 10 Jun 2026 end day

NVDA.

• NVIDIA reported Q1 FY2027 revenue of $81.62 billion, up +85% YoY, with Data Center revenue reaching $75.25 billion.

• CEO Jensen Huang described current AI moment as "the largest infrastructure expansion in human history".

• NVIDIA stock is up +9% YTD and the board has just approved an additional $80 billion share buyback. (see above)

As of 10 Jun 2026 end day

GOOG.

• Rounds out the public trio, currently listed.

• It's Q1 2026 revenue hit $109.9 billion, up +22% YTD, with Google Cloud growing +63%.

• Earnings per share (EPS) was $5.11, up +82% compared to Q1 2025.

• What is more crucial is its backlog nearing $460 billion.

• GOOGL stock has led the public MANGOS members, rising +12.05% YTD.

• Reddit chatter has openly flagged it as "the only Mag 7 worth owning" among some retail traders.

Pending MANGOS IPOs - in Brief.

Remaining 3 MANGOS members remain private, but that will change sooner than you know.

SPCX.

• It is going public this Fri, 12 Jun 2026.

• In its S-1 filing, SPCX has disclosed $4,694 million (or $4.69 billion) in Q1 2026 revenue, alongside a 2025 Connectivity segment that generated $7,168 million in Segment Adjusted EBITDA.

• The company also acquired xAI in February to form its AI segment.

Anthropic.

• On 01 Jun 2026, Anthropic confidentially filed its IPO documents with the US Securities and Exchange Commission (SEC).

• It has beaten OpenAI to go public, most think.

• As it is a confidential filing, exact regulatory prospectus, share count, and specific price-per-share metrics are not yet viewable by the public.

• Public debut is anticipated for around October 2026, though final timeline remains dependent on the speed of SEC review process and prevailing macroeconomic market conditions.

• The filing closely follows Anthropic’s massive $65 billion Series H private funding round closed in late May 2026 - pinning its post-money valuation at $965 billion, just shy of the $1 trillion mark.

• This makes it the most highly valued private AI company, surpassing OpenAI’s last private round of funding at $852 billion.

OpenAI.

• On 8 Jun 2026, OpenAI announced its confidential S-1 submission to the SEC.

• This formally round up the trios S1 filing and soon-to-go public listing.

• MSFT holds the deepest OpenAI relationship, and its AI business surpassed a $37 billion annual revenue run rate, up +123% YoY.

• According to CNBC, the physical draft prospectus was routed internally to regulators roughly 2 weeks prior, around 22 May 2026..

• Bigwigs Goldman Sachs, Morgan Stanley & JPMorgan Chase serve as the lead underwriters for the future offering.

• According to Reuters (citing The Information), CEO Altman told staff a tender offer was coming “very soon” and shares would go at $687.69. (see below)

• Tender offers are private deals where current holders can sell. These deals can help set a valuation marker before an IPO.

However, rumours have also been swirling that OpenAI may push back its IPO to within the year, given the recently concluded lawsuit filed by ex-shareholder Elon Musk.

• Although OpenAI has won the legal battle, it has been said that OpenAI’s CEO Sam Altman’s reputation has been damaged in the process and might need time to recover & regain the full trust of investors and the public.

Investors - Watch out !

The concept of MANGOS captures a real shift.

The AI build-out has expanded beyond the original Magnificent 7.

The next wave of mega-IPOs could reshape index weightings that traders have not seen since the late-1990s tech listings.

Nowadays, IPO timing & valuation can shift quickly, so investors might want to size any speculative allocations accordingly.

Seriously, the catchy acronyms can capture genuine themes, but they also invite hype.

Treating MANGOS as a research framework rather than a shopping list may serve investors better as the IPO calendar develops and prediction-market expectations get tested against real listings.

More importantly, the upcoming IPOs of SpaceX, Anthropic, and OpenAI are going to change the stock market in a way that hurts traditional income investors. Really ?

Lower, S&P 500 Dividend Income.

When an investor buys a standard, market-cap-weighted S&P 500 index fund, that portfolio holds a small piece of the 500 largest publicly traded companies in the US.

Historically, the index offered a reliable dividend yield (cash payout) distributed to shareholders.

This was because it was filled with traditional businesses like banks, oil producers, and manufacturing firms.

Overtime, that has evolved and current index is heavily dominated by technology enterprises.

The impending arrival of the final 3 MANGOS members will accelerate this trend due to their sheer size. Combined, the 3 entities represent $3.59 trillion in market value.

“Good” news is further reduction in income yield will not take place immediately upon the stocks’ IPOs.

This is because on 04 Jun 2026, over a press release, the S&P Dow Jones Indices provider confirmed that: newly public companies, regardless of size, must wait at least 12 months before being included.

This means we won't see SpaceX, Anthropic, and OpenAI in the S&P 500 until 2027.

Having said that, there is no time to lose and commence homework on how to slowly transit out of the S&P 500 index fund, while still ahead.

To stay ahead of this trend, capital can be redirected into specialized, rules-based exchange-traded funds (ETFs) that intentionally bypass non-paying tech giants:

$Vanguard Value ETF(VTV)$:

• This fund focuses strictly on steady, traditional companies with reliable earnings and solid dividend payouts. (see above)

• While severely underweighting high-valuation tech stocks.

$Vanguard Dividend Appreciation ETF(VIG)$:

• This vehicle only tracks high-quality companies that possess a proven track record of increasing their dividend payouts year after year, filtering out non-paying IPOs. (see above)

** Note: Investors have to assess (himself), whether above ETFs is suitable to his needs, profile, runway and risk appetite. Not my suggestion / recommendation but part of a come-across post.

My viewpoint: (mine only)

The plus and minus of investing by oneself is the need to “see ahead” accurate and hopefully know what is happening in the stock market one is investing into.

The current underlying structural shift is clear, that is modern US stock market is optimizing for capital growth rather than cash distribution.

Investors who are actively seeking reliable passive income must adjust their portfolio strategies now, before these giant, non-dividend-paying IPOs dilute index payouts further.

This means having the discipline to review one’s portfolio at regular intervals. Agree ?

Remember to check out my other posts. (See below). Help to Repost ok, Thanks.

Must Read: Click on below titles to access. Repost to share, Like as encouragement ok. Thanks.

• INTC, a BUY after current noise settles ?

• Hold DXYZ after SPCX IPO, wise move ?

• ALOY - Is it Monopoly time all over again ?

• Do you think the new acronym MANGOS will replace the Magnificent 7 ?

• Do you think I manage to keep this post serious-free, business-free ? Ha, ha. I don’t think so !

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