The $80 billion club. And everyone joined at once.
This Week's Briefing
SpaceX. OpenAI. Anthropic. Alphabet.
The biggest capital raises in history all happening at the same time.
It looks mental, but Goldman ran the numbers and apparently the market can probably absorb it.
The bit that's harder to get my head around is SpaceX's AI revenue needs to go from $3 billion to $300 billion by 2030 to justify the valuation.
Goldman's own model says yes, but they're also running the IPO.
Make of that what you will.
Key Takeaways
- The numbers are hard to say out loud
- It looks chaotic. The data says otherwise.
The Bigger Picture
- To justify $1.85 trillion, SpaceX AI revenue needs to grow 100X by 2030
Why it matters
“The biggest IPO in history lands this week.”