The three most valuable private US tech companies are preparing for public offerings as early as this year, raising hopes among their investors and advisers that they may enjoy their most lucrative year ever.
Elon Musk’s rocket maker SpaceX and artificial intelligence labs OpenAI and Anthropic are working on listings expected to raise tens of billions of dollars in proceeds, according to multiple people with direct knowledge of their plans.
Those three deals alone would outstrip the total haul from about 200 US IPOs in 2025 and represent a potential gold mine for investment banks, law firms and investors.
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