{"id":49604,"date":"2026-06-04T11:35:02","date_gmt":"2026-06-04T11:35:02","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2026\/06\/04\/will-the-scottish-mortgage-shares-rise-spacex-and-anthropic-may-hold-the-answer\/"},"modified":"2026-06-04T11:35:02","modified_gmt":"2026-06-04T11:35:02","slug":"will-the-scottish-mortgage-shares-rise-spacex-and-anthropic-may-hold-the-answer","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2026\/06\/04\/will-the-scottish-mortgage-shares-rise-spacex-and-anthropic-may-hold-the-answer\/","title":{"rendered":"Will the Scottish Mortgage shares rise? SpaceX and Anthropic may hold the answer"},"content":{"rendered":"
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Scottish Mortgage (LON: SMT) share price remained steady and broke above a key resistance level this week as investors looked ahead to the potential IPOs of SpaceX and Anthropic, two high-profile private companies in which the trust holds significant stakes. The stock climbed to a high of 1,533p, marking a gain of more than 154% from its 2024 low.<\/p>\n

Scottish Mortgage share price jumps amid the AI boom<\/h2>\n

Scottish Mortgage\u2019s name is a weird one for two main reasons: it is neither a mortgage company nor does it have a major exposure in the Scottish economy. Instead, it is one of the biggest technology investors in Europe, with a portfolio worth over 16 billion pounds or $22 billion. <\/p>\n

The stock has jumped sharply in the past few months as its biggest publicly traded companies surged. This includes popular names like Amazon, NVIDIA, Taiwan Semiconductor, Meta Platforms, and ASML. <\/p>\n

The most important catalyst for the company is the upcoming SpaceX IPO<\/a>, which is set to happen next week. This will be the biggest IPO ever as the company will raise $75 billion at a $1.76 billion valuation. <\/p>\n

Polymarket traders believe that the company will achieve a higher valuation than that. Most traders believe that it will become a $2 trillion company shortly after going public, a move that will benefit companies that invested in it a few years ago like Scottish Mortgage. <\/p>\n

The other main catalyst is that Anthropic announced that it was going public, a move that could see it valued at over $1.8 trillion. This is notable as the company recently raised funds at a $900 billion valuation, a few months after it raised at a $350 billion valuation. Anthropic now accounts for 2.6% of Scottish Mortgage\u2019s business. <\/p>\n

SMT stock faces major risks<\/h2>\n

Still, Scottish Mortgage faces some potential risks. For one, there are valuation concerns about SpaceX as its results showed that it made a big loss last year. It is also not growing fast enough to justify the valuation. Indeed, Morningstar recently warned<\/a> that the real valuation could be worth about $975 billion.<\/p>\n

The other risk is that the stock may pop after the IPO and then retreat as investors book profits. This is a situation that has happened to most newly launched IPOs. <\/p>\n

For example, the Medline stock price surged above $50 and then retreated to the current $34. Verisure stock jumped to $16 and then fell to the current $11. Klarna stock has plunged by over 70% from its highest point last year. This explains why many investors are turning to Jefferies<\/a> to short the stock after it goes public.<\/p>\n

The other risk is that the same situation will happen after Anthropic goes public this year.<\/p>\n

Meanwhile, there is also a risk that the top AI stocks that have surged recently will turn around and reverse as investors start booking profits.<\/p>\n

Scottish Mortgage shares technical analysis<\/h2>\n
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SMT stock chart | Source: TradingView<\/em><\/p>\n

The weekly chart is sending highly bullish technicals. It formed a golden cross as the 50-week and 200-week moving averages crossed each other. Most importantly, it has formed a large multi-year cup-and-handle pattern, which is a common continuation sign in technical analysis.<\/p>\n

It has already finished the cup section, meaning that it may retreat as it enters the handle section. This may be a mult-month pullback or consolidation. In the long-term, however, the stock will likely continue rising as bulls target the key resistance at 2,473p.<\/p>\n

The post Will the Scottish Mortgage shares rise? SpaceX and Anthropic may hold the answer<\/a> appeared first on Invezz<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Scottish Mortgage (LON: SMT) share price remained steady and broke above a key resistance level this week as investors looked ahead to the potential IPOs of SpaceX and Anthropic, two high-profile private companies in which the trust holds significant stakes. The stock climbed to a high of 1,533p, marking a gain of more than 154% <\/p>\n","protected":false},"author":1,"featured_media":49605,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-49604","post","type-post","status-publish","format-standard","has-post-thumbnail","category-world"],"_links":{"self":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/49604","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/comments?post=49604"}],"version-history":[{"count":0,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/49604\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media\/49605"}],"wp:attachment":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media?parent=49604"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/categories?post=49604"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/tags?post=49604"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}