Pending public listings of Anthropic, OpenAI, and SpaceX could surpass total U.S. VC-backed exit value since 2000.
SpaceX, Anthropic, and OpenAI are set to generate over $4 trillion in combined valuation upon going public, exceeding all U.S. venture-backed exits since 2000. SpaceX alone debuted at $1.77 trillion, while Anthropic and OpenAI are approaching trillion-dollar valuations.
Last year, U.S. IPO proceeds totaled just $70 billion, highlighting the scale of these pending listings. The comparison excludes non-U.S. firms like Alibaba and measures value created rather than liquid cash.
The surge reflects a concentration of capital in AI and space sectors, overshadowing past tech milestones like Google and Tesla IPOs.