SpaceX leading this race shows why results matter more than anything else. We need to keep cutting the red tape so American companies can grow this fast and stay ahead of the world. Elon has built something special here that will change the future for all of us. It is good to see the private sector driving so much growth in space and AI.
🚨🇺🇸 BREAKING: OpenAI just filed to go public, joining the biggest IPO race tech has ever seen...
-The ChatGPT maker confidentially filed IPO paperwork with the SEC and could list as soon as this fall, though it cautions "it may be a while"
-OpenAI was valued above $850 billion in its most recent funding round
-It joins SpaceX and Anthropic, all chasing public listings at enormous valuations
-SpaceX is furthest along, set to list this week in what would be the largest IPO in history, potentially making Elon the world's first trillionaire
-Altman is pushing ahead even as OpenAI reportedly missed internal revenue targets and rival Anthropic pulled ahead with business customers
The frontier AI labs and Elon's rocket company are all sprinting for the public markets at once, and the combined numbers are absolutely staggering.
SpaceX is days from the biggest IPO in history, OpenAI north of $850 billion, Anthropic close behind.
Source: WSJ / Writer: Daniel