IPO Watch
posts
Nvidia's $20B Buyback Can't Hide What Investors Just Figured Out
The world's most valuable company just learned that "good enough" doesn't fly when you've trained investors to expect miracles every 90 days.
Continue reading ›
Antonio Gracias Just Became Richer Than 95% of Billionaires Without You Noticing
The richest person you've never heard of is about to materialize from Musk's orbit with a fortune bigger than most countries' GDP.
Continue reading ›
Musk Bets $2.8 Billion That AI Is Worth Everyone Hating Him
Musk is betting $2.8 billion that AI training is worth the public relations nightmare of becoming the infrastructure everyone hates. SpaceX is spending $2.8 billion on gas turbines to power AI data centers for Grok, positioning xAI as a cloud computing player while facing carbon emission complaints.
Continue reading ›
Nvidia Just Printed $91 Billion and Wall Street Barely Blinked
The company building the infrastructure for every AI agent just printed $91 billion in forward revenue, and Wall Street shrugged. Nvidia beat Q1 earnings at $1.87 per share versus $1.77 expected, with Q2 revenue guidance of $91 billion against $87.4 billion estimates
Continue reading ›
OpenAI's AI Just Solved an 80-Year Math Problem Humans Couldn't Crack
The same mathematicians who called out OpenAI's last fake breakthrough are now vouching for this one. OpenAI's reasoning model disproved the unit distance problem, a conjecture in discrete geometry unsolved since 1946
Continue reading ›
OpenAI Cleared for $200B IPO After Jury Kills Musk Lawsuit
The lawsuit that could have forced OpenAI to stay nonprofit just died in two hours of jury deliberation, and now the company that makes ChatGPT wants to hit Wall Street before anyone changes their mind.
Continue reading ›
Anthropic Pays SpaceX $15 Billion Annually for AI Compute Access
The cloud wars just got a satellite uplink. SpaceX's IPO filing reveals Anthropic is paying $15 billion annually to access SpaceX's GPU infrastructure, making SpaceX a major player in AI compute rental
Continue reading ›
Anthropic Bets $45 Billion on Musk's SpaceX to Power AI
The company building cautious AI just bet $45 billion that Elon Musk can keep the lights on. Anthropic will pay SpaceX $1.25 billion per month through May 2029 for compute capacity at SpaceX's Colossus data centers in Tennessee, totaling nearly $45 billion over three years
Continue reading ›
SpaceX Holds More Bitcoin Than Most Countries Before Going Public
The company that gets us to Mars has been quietly stacking sats, and now every public market investor will own a piece of the world's seventh-largest bitcoin holder.
Continue reading ›
SpaceX Burned $8B Last Year Before Anyone Saw the Books
The rocket company that ate an AI lab just showed us the bill for both. SpaceX filed its S-1 paperwork, revealing $4.9 billion in losses on $18.7 billion revenue for 2025, including the February acquisition of xAI, Elon Musk's AI startup.
Continue reading ›
Securitize Hits $3.4B in Tokenized Assets While Banks Still Run Pilots
While banks debate tokenization pilots, one platform is already processing billions in real transactions and planning to go public. Securitize hit record Q1 revenue with $3.4 billion in tokenized assets under management, servicing roughly 650 active funds.
Continue reading ›
OpenAI's IPO Filing Could Drop Within Days
The company that convinced the world AI was worth trillions is about to let retail investors find out if they were right. OpenAI is preparing to file for an IPO in the coming weeks, targeting a public debut in September 2026
Continue reading ›
SpaceX's IPO Will Expose How Much Money Starlink Actually Makes
The most secretive rocket company in the world is about to show us its books, and the number everyone's looking for isn't revenue or profit, it's how much cash Starlink actually prints.
Continue reading ›
OpenAI Is Training Entire Countries Before Google Can
OpenAI just went full edtech nation-state, and the geopolitical race for AI literacy now runs through classrooms, not conference rooms. OpenAI is expanding Education for Countries, moving beyond pilot programs to structured national partnerships for AI adoption in schools
Continue reading ›
Mastercard Backs Out, Zerohash Finds $1.5B Anyway
When the credit card giant walks away, crypto infrastructure companies don't panic—they pivot to investors who actually understand what they're building. Zerohash is raising new funding at a $1.5B+ valuation after Mastercard backed out of investment plans
Continue reading ›
SpaceX Sets 30-Day Clock to Acquire Cursor After IPO
Musk is building the agent economy in public, one acquisition at a time, and the 30-day timer starts the moment SpaceX goes public. SpaceX plans to acquire AI coding startup Cursor exactly 30 days after its public offering, signaling a shift from launch provider to software infrastructure company
Continue reading ›
OpenAI's Trial Transcripts Reveal How Profit Corrupted the Safety Mission
The jury said Musk lost, but the trial transcript is a road map to what breaks when you bolt a profit motive onto a safety mission.
Continue reading ›
Meta Fires 8,000 Workers After AI Makes Them Redundant
The company that promised AI agents for everyone is now using them to decide who gets to keep building them. Meta is cutting 8,000 jobs globally as part of a restructuring framed around AI-driven efficiency
Continue reading ›
Bet Against OpenAI's $157B Valuation Before Employees Can
Private company valuations just became a liquid market where anyone can take a position before the insiders cash out. Polymarket launched prediction markets tracking IPO timing and valuations for private unicorns including OpenAI, Anthropic, SpaceX, Stripe, and Kraken
Continue reading ›