A Trio of Trillion Dollar IPOs

· The Information ·

SpaceX is targeting a June IPO at up to $1.75T valuation, OpenAI plans to file its prospectus within weeks, and Anthropic IPO discussions add a trio of trillion-dollar AI-adjacent listings.

Categories: Money & Moves

Excerpt

<p>On Wednesday, right before SpaceX dropped its long-awaited S-1, the company led by Musk adversary Sam Altman had some IPO news of its own: OpenAI was planning to file its IPO prospectus within weeks.&nbsp;</p><p>The news not only took some of the spotlight away from SpaceX’s upcoming public debut, but also that of Altman’s other rival, Anthropic.&nbsp;</p><p>Now, it seems, there are a trio of trillion dollar IPOs in the works. It’s clear that SpaceX will debut first, with an offering expected for the second week of June. That raises two questions: Who’s next—and is it even possible to have so many trillion dollar IPOs around the same time?</p>

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