AI companies SpaceX, Anthropic, OpenAI rush toward public offerings
8 reported
According to a Vox podcast report, three leading artificial intelligence companies — SpaceX, Anthropic, and OpenAI — are all expected to go public this year. SpaceX, which recently acquired another Musk company, xAi, is on track to open to investors later this month. Anthropic has filed confidentially with the Securities and Exchange Commission for its own initial public offering, and reports say OpenAI could go public as soon as September. The combined value of these AI IPOs could total over $3 trillion, with SpaceX’s IPO potentially being the largest in history and making Elon Musk the world’s first trillionaire. The rush to go public is fueled by a fear that investors will not wait for companies that do not go public at the right time or first. AI is described as an extremely capital-intensive business requiring money for compute, data centers, and frontier models, making public offerings a way to raise capital.
What’s reported
SpaceX, Anthropic, and OpenAI are all expected to go public this year.
SpaceX recently acquired xAi and is on track to open to investors later this month.
Anthropic filed confidentially with the SEC for its IPO.
Reports say OpenAI could go public as soon as September.
The combined value of AI IPOs could total over $3 trillion.
SpaceX’s IPO could be the largest in history and could make Elon Musk the world’s first trillionaire.
The rush to go public is driven by fear that investors will not wait for companies that do not go public first.
AI is described as an extremely capital-intensive business needing money for compute, data centers, and frontier models.
Key figures
Elon Musk, CEO of SpaceX and xAi
Sam Altman, CEO of OpenAI
Liz Lopatto, senior writer at The Verge
Sean Rameswaram, co-host of Today, Explained
Sources: vox.com
