SpaceX's initial public offering (IPO), the biggest in U.S. history, vaulted its valuation above $2 trillion, surpassing two members of Wall Street's "Magnificent Seven": Tesla and Meta Platforms. With trillion-dollar contenders such as OpenAI and Anthropic also lining up for IPOs, analysts said the club may soon need a name change. One gaining traction on X is "MANGOS," standing for Meta, Anthropic, Nvidia, Alphabet, OpenAI and SpaceX, though some interpret the "A" as Apple. Dan Boardman-Weston, CEO at BRI Wealth Management, suggested "Magna Atoms" – the Magnificent Seven plus SpaceX, OpenAI and Anthropic. The "Magnificent Seven" term was coined by BofA Global Research Chief Investment Strategist Michael Hartnett in late 2023 to describe Nvidia, Apple, Amazon, Alphabet, Meta, Tesla and Microsoft. In a May 22 note, BofA wrote about the "AI Big 10," adding Broadcom, Micron Technology and Advanced Micro Devices (AMD) to the original seven. That group accounts for more than 40% of the S&P 500's weight, according to LSEG data.