ipo

A new wave of tech ipos is poised to create a generation of employee millionaires, mirroring past Silicon Valley booms. Companies like SpaceX, OpenAI, and Stripe are preparing for public listings, with valuations in the billions, offering significant payouts to their equity-rich staff.

Elon Musk's SpaceX is preparing for a massive ipo, aiming to raise $75 billion to fund ambitious space exploration goals, including Mars colonization. Despite reporting a $2.6 billion operational loss last year, the company's Starlink network is a significant profit driver. Musk's compensation is tied to achieving futuristic milestones, potentially making him the world's first trillionaire.

OpenAI is reportedly preparing to file for an initial public offering as early as this week, working with Goldman Sachs and Morgan Stanley on the paperwork. This significant move for the AI industry could see shares sold to the public by September, following a court's rejection of Elon Musk's lawsuit.

Groww's founders have divested approximately 0.23% of their stake, a transaction valued between Rs 250-260 crore. This significant liquidity event for the promoters follows early investors selling holdings post-ipo lock-in. The wealthtech firm's shareholding saw a shift, with promoter holdings decreasing and public shareholding increasing. Groww's market valuation has surged considerably since its November 2025 listing.

SpaceX's potential ipo is sparking concerns among Tesla investors. They fear Elon Musk's focus might shift from the EV maker to his space venture, impacting Tesla's growth. With SpaceX potentially valued at $1.75 trillion, it could offer a purer AI and innovation bet, raising the bar for Tesla's ambitious projects like robotaxis and humanoid robots.

SpaceX is aggressively seeking top engineering and physics talent for its new SpaceXAI division, with Elon Musk personally reviewing applications. This recruitment drive follows SpaceX's filing for a massive ipo, revealing ambitious plans in AI infrastructure and orbital computing.

SpaceX's Starlink is emerging as the company's financial powerhouse, eclipsing other divisions in growth and profitability. The satellite internet unit generated $11.39 billion in revenue last year, accounting for 61% of total sales and was the sole profitable division. This financial success is crucial for funding Elon Musk's ambitious long-term visions, including Mars colonization and orbital AI data centers.

Investment adviser Barrett Linburg proposed a tax strategy for Elon Musk to defer gains from potential SpaceX share sales post-ipo. The plan involves reinvesting profits into a Qualified Opportunity Fund to build infrastructure at Starbase or finance the Terafab site, potentially deferring taxes until 2032 and eliminating future appreciation taxes.

The Indian VCs behind Silicon Valley’s two new religions – SpaceX and OpenAI

Elon Musk is on the cusp of becoming the world's first trillionaire as SpaceX prepares for a monumental ipo, potentially the largest in Wall Street history. The company's $1.25 trillion valuation could significantly boost Musk's net worth, fueled by his majority stake and ambitious plans for AI, Starlink, and Mars colonization.

Anthropic employees refused to sell their shares at the $350 billion tender offer earlier this year, and now we know why. The Claude maker has agreed a fresh $30 billion funding round at a $900 billion valuation, the Financial Times reported, nearly tripling its worth in three months. With revenue at $30 billion and an ipo expected by October, staff are sitting on a payday.

Former Tata Sons vice chairman argues an ipo can undermine the company’s special role in the group, and may not unlock much value