In the venture capital space, value creation is accelerating, yet liquidity remains concentrated among only a handful of companies.

SpaceX stock slides back to IPO levels as investors question its multi-trillion-dollar valuation despite strong Wall Street buy ratings and growth forecasts.

PitchBook says OpenAI, Anthropic, and SpaceX IPOs could exceed all US VC-backed exit value since 2000. Here's what that means for markets and crypto.