SpaceX’s record $75-billion IPO has pushed South African-born entrepreneur Elon Musk’s fortune past $1.1-trillion.
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AI mania has lifted global markets to record highs, but fears are growing of a speculative bubble and looming power constraints.
Retail investors are dumping bitcoin to fund the SpaceX, Anthropic and OpenAI listings, leaving crypto in the doldrums.
OpenAI’s listing will join SpaceX and Anthropic in a trio of trillion-dollar debuts testing investor appetite.
Orders of about $150-billion, double the $75-billion target, mark impressive demand for the largest IPO ever.
Elon Musk’s SpaceX wants a $1.75-trillion valuation despite posting a near-$5-billion loss last year.
Anthropic has confidentially filed for an IPO, teeing up what could become a watershed moment for in the AI frenzy.
The hot-fire test failure is a major blow to Blue Origin as Jeff Bezos races to catch Elon Musk’s soon-to-list SpaceX.
Elon Musk’s SpaceX now operates 75% of all manoeuvrable satellites in orbit and is targeting 10 000 launches a year.
SpaceX has taken the wraps off its IPO filing, laying bare for investors just how much Elon Musk is losing on AI.