Anthropic Eyes an IPO as Big Tech's AI Cash Crunch Comes for Wall Street
… The frenzied IPO race reflects the market's eagerness to cash in on its trillion-dollar bets, as AI companies rush to secure the massive funding needed to survive. …
By Laura Michelle Davis According to several news reports, including a detailed piece by The New York Times, thousands of current and former SpaceX employees could become overnight millionaires, thanks to today's IPO. Why does this coverage feel like a red herring? Probably because Elon Musk has become the world's first trillionaire, while other billionaires in his circle, along with a flock of Silicon Valley venture capitalists and private investment firms, are going to hit the jackpot again. The rest of us can barely afford to eat the proverbial cake. It's worth a reminder that SpaceX, whi
SpaceX IPO Live: Elon Musk Is a Trillionaire, and the Rest of Us Aren't… The frenzied IPO race reflects the market's eagerness to cash in on its trillion-dollar bets, as AI companies rush to secure the massive funding needed to survive. …
… Ahead of today's SpaceX IPO, Sen. Elizabeth Warren, a Democrat from Massachusetts, wrote to the Securities and Exchange Commission requesting an investigation into the SpaceX stock sale. …