SpaceX's record IPO, Bezos' Prometheus rising and Anthropic's controversial call for AI limits - SiliconANGLE

SpaceX’s record IPO, Bezos’ Prometheus rising and Anthropic’s controversial call for AI limits

THIS WEEK IN ENTERPRISE by

Blastoff! Elon Musk’s SpaceX went public Thursday evening and raised a stunning $75 billion, easily an all-time record.

The IPO is just the first of the triumvirate of AI leaders — yes, SpaceX owns xAI, surely a large part of SpaceX’s valuation. OpenAI filed confidentially for its IPO as it promised its “superapp” is coming, following Anthropic’s lead last week. OpenAI’s offering could come as early as later this year, while Anthropic’s timing sounds even less certain. Stocks aren’t necessarily a zero-sum game, but investors don’t have bottomless pockets either, so you have to wonder where all that money isn’t going to go now.

I’ll add stock reaction Friday when SPCX starts trading and when the market closes, but it would be a shock if the stock didn’t rise — even if it’s widely considered kind of stupid for individuals to buy a hot IPO on the first day.