Sam Altman wants a $1 trillion OpenAI IPO after SpaceX's success; But will investors still make money?
New Delhi, July 11 -- After SpaceX's spectacular public debut pushed its valuation to past $2 trillion, investors are already looking for the next mega IPO. And, many believe that company could be OpenAI.
Now, Sam Altman, the CEO of OpenAI, reportedly refuses to take the AI company public at any valuation below $1 trillion (possibly encouraged by the overwhelming investor demand for SpaceX). But is it worth the wait - if OpenAI debuts at such a lofty valuation, will it be a better bet than SpaceX?
At first glance, comparing SpaceX with OpenAI may not seem like an apples-to-apples comparison because SpaceX is solely rocket company. However, most of SpaceX's future growth opportunity is expected to come from AI-driven businesses. That mak...
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