IPOs aren’t the new meme stocksSpaceX has launched a bond saleThe market may be producing bigger IPO stories. The coverage about record-breaking retail demand and a new era for public listings would have you believe retail investors have found their next hype trade. More than 100,000 UK retail investors applied for shares and its success has already prompted banks and brokers to line up more global IPOs for UK investors. In fact, half of UK investors said they wouldn’t invest in any of these AI IPOs, or were unsure, at the time of polling. Turns out retail investors just needed a rallyFor months, the question has been how to get retail investors to back UK equities.