SpaceX is now valued at $2.5 trillion. OpenAI and Anthropic are expected to go public later this year at valuations approaching $1 trillion each. California, where all three companies are based or have significant operations, should be looking at the largest …
TL;DR
California hoped for billions from SpaceX, OpenAI, and Anthropic IPOs. But single-trigger RSUs, tender offers, and loans-against-shares are shrinking the windfall.
SpaceX is now valued at $2.… [+3435 chars]
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The Next Web