The Sneaky Way SpaceX, Anthropic, and OpenAI Can Destroy the Trump Bull Market

Published June 27, 2026 · Category: Finance

Overview

Statistically, outsize stock market returns and President Donald Trump in the White House have gone hand in hand. During Trump's first, non-consecutive term, the iconic Dow Jones Industrial Average (DJINDICES: ^DJI), benchmark S&P 500 (SNPINDEX: ^GSPC), and growth-fueled Nasdaq Composite (NASDAQINDEX: ^IXIC) rallied 57%, 70%, and 142%, respectively.

Several catalysts have propelled the Trump bull market, including the evolution of artificial intelligence (AI), record S&P 500 share buybacks in 2025, and initial public offering (IPO) euphoria, courtesy of Space Exploration Technologies (SpaceX)(NASDAQ: SPCX) and well-known large language model (LLM) developers, Anthropic and OpenAI.

President Trump delivering remarks. Image source: Official White House Photo by Andrea Hanks, courtesy of the National Archives.

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Originally published at www.fool.com.

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