IPO

Anthropic files confidential S-1, blazing toward blockbuster IPO

The race to IPO is on: Anthropic just filed its confidential S-1 draft.On Monday morning, the AI juggernaut announced it had turned in its first IPO proposal to the U.S. Securities and Exchange Commission. It’s a major step in the rush toward a public listing, as Anthropic and rival OpenAI…

The craziest part of SpaceX’s IPO is also the most important

SpaceX’s IPO filing this week wasn’t about rockets. Or Starlink. Wall Street already understands those businesses. Launches are booming. Satellite internet is scaling profitably. Those stories are mature enough to model in spreadsheets.The real pitch — the thing meant to justify the next decade of valuation growth — is something…