SpaceX, OpenAI, and Anthropic Are Woth More Than Every Single IPO in the Last 45 Years
Three private and newly public companies tied to artificial intelligence now carry a combined valuation that dwarfs decades of tech history,
Three private and newly public companies tied to artificial intelligence now carry a combined valuation that dwarfs decades of tech history, and the profitability math behind those numbers raises serious questions about where the money actually comes from.This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. The technology market has entered a period where a handful of companies can command valuations that once required an entire industry.
The latest example puts today’s AI boom into extraordinary perspective: three companies associated with the technology are collectively valued at more than the combined first-day market value of thousands of U.S. technology IPOs spanning 45 years.
First reported by 24/7 Wall St..
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