… The company said that the timing of the IPO would “depend on market conditions and other factors.” The announcement comes just days after Anthropic unveiled a $65 billion fundraising round. …
… Excerpts of the IPO filing seen by Reuters before it was published showed that the only person who can fire Musk is the billionaire himself. …
… Musk claimed his rocket company could launch data centers into space for his AI lab, but the letter's authors argue that xAI’s poor record on safety issues could complicate how investors view the combined company as it gets ready to submit its IPO prospectus filing. …
… It is well on its way to becoming one of the largest IPOs in history. Anthropic is joining a pretty crowded field. SpaceX, which owns xAI, already filed its paperwork to go public. That's probably happening in June. And OpenAI is also rumored to be announcing their own filing very, very soon. …
… OpenAI leaders are hoping to simplify product offerings ahead of its plan to file for an IPO, which could happen later this year. …
… OpenAI is trying to refocus the company around a few key areas, such as enterprise offerings and coding, as the company faces increasing pressure from rivals like Anthropic and gears up to file for an IPO later this year. …
… Both OpenAI and Anthropic have confidentially filed for IPOs and are racing to impress prospective investors before they become public companies as soon as this year. …
… SpaceX also seems to be filing for an IPO very soon, with a reported and ridiculous goal of hitting a $1.75 trillion valuation. …
… And speaking of Musk, we're going to go over some key takeaways from SpaceX's recent confidential IPO filing. …
… A year after the IPO, the stock price was down 85 percent. …