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SpaceX IPO June 12, OpenAI SEC Filing & Anthropic's $1T Valuation
Audio is available on Spreaker — see link below.
SpaceX locks in a June 12 IPO date at a $1.75T valuation while OpenAI files confidentially with the SEC and Anthropic overtakes it on secondary markets. Defense-tech and AI infrastructure rounds from Exa, Armada, and Amca round out a market-moving briefing.
Audio is available on Spreaker — see link below.
SpaceX has confirmed June twelfth as its IPO target date, aiming for a one-point-seven-five trillion dollar valuation on Nasdaq. That's not a rumor or a leaked memo.
The company supporting that valuation is not uniformly strong. Starlink, the satellite internet segment, is genuinely profitable.
Meanwhile, OpenAI has moved from speculation to action. The company filed confidentially with the SEC, led by Goldman Sachs and Morgan Stanley, targeting a potential September listing above one trillion dollars in valuation.
The competitive pressure on OpenAI just got more visible. Anthropic has reached over nine hundred billion in its latest funding round, but on secondary markets the figure being traded is closer to one trillion.
Away from the IPO race, capital is moving into adjacent sectors in size. Exa, an AI-native search startup focused on LLM agent retrieval, raised two hundred and fifty million dollars at a two-point-two billion valuation, led by Andreessen Horowitz.
Three things to watch from here. First, whether any passive fund managers or index committee voices start pushing back publicly on the SpaceX dual-class structure ahead of June twelfth.
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