Anthropic, OpenAI, and SpaceX are bigger than the last 25 years of tech exits
TechCrunch
The combined valuations of SpaceX, Anthropic, and OpenAI are set to exceed the total value of all U.S. VC-backed exits since 2000.Summary
A recent NCVA-Pitchbook Venture Monitor report highlights that the pending public market entries of Anthropic and OpenAI, combined with the recent SpaceX IPO, represent a valuation milestone exceeding the total value of all U.S. venture-backed exits since 2000. While these figures focus on total value rather than liquid cash and exclude certain non-U.S. entities, the scale remains unprecedented. This shift is driven by companies staying private longer and the massive capital requirements of AI development, which are pushing the limits of current financial infrastructure.
(Source：TechCrunch)