… At one point last year, OpenAI was targeting an IPO in late 2027 or early 2028, according to another person familiar with the discussions. Last week, President Donald Trump said his administration would look into the possibility of the US government taking a stake in AI companies as they go public. …
… Tesla Takedown helped promote the protests. “SpaceX wants the public to buy into the myth of the final frontier—but this is really a desperate cash-out before the cracks in Musk's empire become impossible to ignore,” Tesla Takedown tells WIRED. “Exploding rockets, a militarized Starlink, dangerous … …
The stakes are especially high for OpenAI’s corporate future, as a bad outcome in this case could negatively impact its plans to file for an IPO later this year. The ChatGPT-maker is racing against Anthropic and Musk’s SpaceX which now owns a rival AI lab, xAI to go public. …
… It is well on its way to becoming one of the largest IPOs in history. Anthropic is joining a pretty crowded field. SpaceX, which owns xAI, already filed its paperwork to go public. …
… But with both Anthropic and OpenAI preparing for IPOs, competition clearly continues regardless of which products are currently on the market. …
… The partnership comes at a pivotal time for SpaceXAI, which is seeking to go public as soon as next month. A relationship with a leading AI lab could bolster SpaceX’s credibility as it pitches investors on the potential gold mine in establishing more data centers, including in space. …
… Leah Feiger: Is this a good time for SpaceX to go public? Brian Barrett: It's a good question. I do think there is pressure to go public. I think there's only so many $2 trillion IPOs that the market can hang onto. …
… One investment banker came to visit and offered Porat the literal shirt off his back to get involved with the initial public offering. Porat accepted, and the banker stripped off his suit in the middle of General Magic’s office. In 1995, Goldman Sachs took General Magic public. …
… Zoë Schiffer: So a lot of companies go public every single year, but SpaceX's debut marks the entrance of AI companies hitting the public markets. Anthropic is slated to go public, as is OpenAI. …
… OpenAI has started talking publicly and often about its plans to build a super app, but it’s still unclear what exactly the final product will do. …