Americans’ financial futures are about to tied to the fortunes of Elon Musk with the world’s largest ever stock market debut. How do you feel about this?
Elon Musk’s SpaceX made the world’s largest ever stock market debut on Friday at a valuation of $1.77tn. It was also set to turn Musk into the world’s first-ever trillionaire.
OpenAI and Anthropic have also filed to go public sometime this year, each at valuations near $1tn. In a dramatic first, the US stock market is poised to be heavily oriented towards AI companies.
