SpaceX has launched the largest IPO in history on the Nasdaq, reaching a one point eight trillion dollar valuation despite reporting a four billion dollar net loss. This offering signals a massive transfer of value to public markets and sets a high-stakes precedent for upcoming generative AI giants like Anthropic and OpenAI. Trading at ninety-four times revenue while significantly unprofitable represents an aggressive market bet on the long-term dominance of commercial space infrastructure.
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