AI
Anthropic's IPO Gets Its Numbers: $11.5B in Q2, Talk of $2 Trillion
Bloomberg-seen documents show Q2 revenue above $11.5 billion with positive adjusted operating income, as investors float a $2 trillion October debut.
IPO
Technology
SpaceX Prices the Largest IPO Ever. The Filing Tells a Harder Story.
SpaceX priced its IPO at $135 a share Thursday, a roughly $1.77 trillion valuation and the largest stock-market debut in history. It trades Friday as SPCX — the first of the season's three mega-offerings to actually cross the line. The public S-1 reveals a lopsided business: one profitable utility funding a pile of expensive ambitions.
AI
OpenAI Files for Its IPO, and Markets Face a Stress Test
OpenAI has confidentially filed for a U.S. IPO, following Anthropic and SpaceX toward the public markets. With a debut possibly as early as September at up to a $1 trillion valuation, the real test is whether the market can absorb three of the largest offerings ever in a matter of months.
AI
Anthropic Filed to Go Public. Now the Mission Meets the Market.
Anthropic confidentially filed a draft S-1 with the SEC on June 1, taking the first formal step toward an IPO — and beating OpenAI to it. What a confidential filing does and doesn't mean, and the question it leaves open: what happens to a safety-first public benefit corporation when public shareholders arrive.