Axios
US · 4 hrs ago
✦ 65◉ Centre
The SpaceX IPO is already upending the stock market
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Credibility 65/100
Partisan intensity 35/100
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◉ Centre ⚠ Misleading headline
SpaceX, valued at over $1 trillion privately, is expected to go public next month, with analysts projecting potential valuations up to $2 trillion and raising questions about the market influence of mega-cap tech companies.
The SpaceX IPO is already upending the stock market
Elon Musk's trillion-dollar-plus SpaceX isn't a public company yet, but its size and ambitions are already upending the stock market and sparking questions over the power and influence wielded by such behemoths.
Why it matters: The IPO, expected next month, would signal the start of a new AI era for the public markets, potentially valuing SpaceX as much as $2 trillion.
The big picture: OpenAI and Anthropic are also expected to IPO this year — possibly translating into $5 trillion in value in th
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