Can the stockmarket swallow Anthropic, SpaceX and OpenAI?
Summary
The Economist weighs whether public markets can absorb the high valuations of AI-centric firms like Anthropic, SpaceX, and OpenAI, examining the tension between rapid AI-driven growth and traditional profitability metrics. It analyzes factors shaping valuations—private funding dynamics, anticipated breakthroughs, regulatory and competitive risks—and considers possible market outcomes for these companies, including IPO timing or alternative financing, with implications for investors and the broader tech ecosystem.