alt Hacker NewsThe summer of Trillion dollar IPO’s is upon us. OpenAI, Anthropic, SpaceX
Will they eat each others potential capital appetite? Or is there just that much laying around for them all to gobble up the bag?
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aurareturn • yesterday at 6:27 PM
I think one of them is not like the other.
I would invest in OpenAI or Anthropic or both but I doubt I'd invest in SpaceX.
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It depends at least partially on how much they're going to float. I think SpaceX is only planning about a 4% float, so even at $1.5T they only need around $60B. Which is a drop in the bucket.
EDIT - but that's just the IPO, I wasn't even thinking about how much insiders will want to sell after the lockup ends...