Because the US stock market has gone crazy overall Trillions of dollars in market cap feel like child's play In the past, there were usually two or three Chinese stocks in the world's top 10 market caps Now there's not even one The highest market cap, Tencent at $500 billion, is only ranked 24th Even SpaceX, which is preparing for three IPOs this summer, and two AI companies Are all above a trillion dollars in market cap