SpaceX
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SpaceX Closes the Largest IPO in History: An Economic Look at What the Company Does, How It Got Here, and Whether USD 1.77 Trillion Is Justified
SpaceX raised USD 75 billion at a USD 1.77 trillion valuation in the largest IPO ever recorded. An economic look at the company’s three business segments, its meteoric rise, current revenues and losses, and a neutral assessment of the bull and bear cases for a 94 times revenue multiple. Continue reading
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How Anthropic Took the Throne: Inside the Valuation Arc That Made Series A Investors a Thousand Times Richer
Anthropic filed confidentially for an IPO on June 1, 2026, at a $965 billion private mark. The Series A investors who put $124 million in five years ago now hold paper positions worth over 1,000x their original cost basis. An economic analysis of who profits, how the throne changed hands, and what the IPO will… Continue reading
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Data Centers in Space: No Longer Science Fiction
The AI boom is pushing data centers off the planet. SpaceX has filed to launch 1 million orbital data center satellites. Google is building TPU-equipped satellite constellations. NVIDIA announced space-grade AI chips at GTC 2026. And a Y Combinator startup already trained the first AI model in orbit. Here are the players, the dollars, and… Continue reading