Business
Week’s Best: SpaceX Created an IPO Road Map
It is estimated that the SpaceX IPO created more than 4,000 millionaires. That is roughly 20% of the company’s employee base, and those workers have needed the help of good financial planners. SpaceX, which joined the Nasdaq-100 index on Tuesday, isn’t likely to be the only mega IPO this year. OpenAI and Anthropic have confidentially filed S-1s for their own offerings. With OpenAI and Anthropic waiting in the wings to go public, pre-IPO wealth planning is suddenly urgent.
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