@FinanceYF5: How exaggerated is this round of valuations: SpaceX: $2 trillion Anthropic: $2 trillion OpenAI: $1.2 trillion The three…

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Summary

The post compares the massive combined valuations of SpaceX, Anthropic, and OpenAI to historical U.S. tech IPO data, suggesting potential overvaluation in the current market.

How exaggerated is this round of valuations: SpaceX: $2 trillion Anthropic: $2 trillion OpenAI: $1.2 trillion The three companies combined: $5.2 trillion. Meanwhile, from 1980 to 2025, the total first-day valuations of 3,365 U.S. tech companies going public amounted to just $4.1 trillion. 3 companies, exceeding the total tech IPOs over 45 years.
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