… The company said that the timing of the IPO would “depend on market conditions and other factors.” The announcement comes just days after Anthropic unveiled a $65 billion fundraising round. …
… SpaceX is pursuing the largest IPO in history, with hopes of raising about $75 billion at a valuation of $1.75 trillion. …
In a letter directed to investors published on Tuesday, the ex-staffers highlighted what they describe as “unpriced risks” related to xAI that could complicate SpaceX’s reported plans to raise up to $75 billion as part of its IPO. …
… It is well on its way to becoming one of the largest IPOs in history. …
… The decision comes as OpenAI eyes an IPO as soon as this year. …
… OpenAI leaders are hoping to simplify product offerings ahead of its plan to file for an IPO, which could happen later this year. …
… Last month, environmental protesters demonstrated at a nearby SpaceX investor gathering ahead of the IPO. …
… OpenAI is trying to refocus the company around a few key areas, such as enterprise offerings and coding, as the company faces increasing pressure from rivals like Anthropic and gears up to file for an IPO later this year. …
… I think everyone is racing to hit the IPO market, whether it's OpenAI, SpaceX, Anthropic, and SpaceX is out the door first. So a lot going on here. Leah Feiger: And Musk is betting that SpaceX will be valued at nearly two trillion, which would be the largest IPO in history. …
… Both OpenAI and Anthropic have confidentially filed for IPOs and are racing to impress prospective investors before they become public companies as soon as this year. …