California’s counting on an IPO tax windfall. Several factors are complicating the equation
- Posted on June 18, 2026
- By CNBC
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- 1 min read
California’s counting on an IPO tax windfall. Several factors are complicating the equation
The IPOs of SpaceX, OpenAI and Anthropic could create a tax windfall for the state of California. But experts say the revenue impact may be blunted.