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SpaceX, OpenAI and Anthropic IPOs set to test limits of AI boom

Elon Musk, Sam Altman and Dario Amodei battle over who can command Wall Street’s deepest pools of capital

Elon Musk, Sam Altman and Dario Amodei once sparred over how OpenAI could catch Google in AI.

Now, the trio are preparing blockbuster flotations that could mint trillion-dollar companies, revive moribund markets for US initial public offerings and test the ability of public investors to absorb a tidal wave of tech listings.

The rivalry — sharpened by Musk and Amodei’s acrimonious departures from OpenAI in 2018 and 2020 — has also set up a contest over which company can command the deepest pool of capital.

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