Anthropic and OpenAI, two leading AI companies, have confidentially filed for initial public offerings (IPOs) in the United States, potentially marking significant milestones in the tech industry. SpaceX, founded by Elon Musk, is also preparing for an IPO with a staggering valuation target of $1.75 trillion. These IPOs are expected to attract considerable interest from investors, particularly as the AI sector has seen substantial growth. However, analysts express caution regarding the valuations, suggesting they may not align with actual business fundamentals. For instance, Morningstar estimates SpaceX's value at $780 billion, raising concerns about overly optimistic market expectations. Indian retail investors can partake in these IPOs, albeit indirectly, through overseas brokerage accounts funded under the Reserve Bank of India's Liberalised Remittance Scheme, which allows remittances up to $250,000 per year for investments. Although participation is possible, the likelihood of securing shares in the IPO is low, as allocations are primarily reserved for institutional investors. Nevertheless, investors can buy shares once the companies are publicly listed, providing an alternative route to investment in these high-profile tech firms.