SpaceX is about to make history—and 80% of VCs won't see a dime of it | Fortune

SpaceX is about to make history—and 80% of VCs won't see a dime of it | Fortune

SpaceX's $1.5-2T IPO plus OpenAI/Anthropic filings create $5T in value, but only 20% of VCs invested, leaving 80% with no exit gains. Capital concentration toward elite AI will trigger a multi-year VC shakeout, squeezing funding for most non-AI and early-stage startups.