SpaceX is reportedly targeting a $1.75 trillion valuation at IPO, with OpenAI and Anthropic potentially close behind. The Google IPO is cited as an enabling event that reopened a pessimistic tech market in the early 2000s, and similar paradigm shifts are expected to change scale by orders of magnitude. Liquidity events are expected to generate wealth and returns that flow into subsequent companies. Cursor is referenced as a company where Verdict’s co-founder was the first investor, and Musk’s disclosed option to acquire Cursor for $60 billion is linked to potential downstream momentum. Immigrant founders are described as dreaming big, having little to lose, and reaching larger markets, with Elon Musk used as an example.
"With SpaceX reportedly eyeing a $1.75 trillion valuation at IPO, and OpenAI and Anthropic potentially not far behind, what will the impacts be on the broader market? Andreas Stavropoulos: I remember how exciting the Google IPO was, and how it ushered in a reopening of a market that had been very pessimistic about tech in the early 2000s - how it was an enabling event that brought in a whole new generation of entrepreneurs."
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