The Tech Download: Anthropic’s IPO sets up first big test of AI boom valuations

Key points

• In this article AVGO UBER META Follow your favorite stocks CREATE FREE ACCOUNT This report is from this week's The Tech Download newsletter.
• This week has been dominated by the hype around the highly anticipated IPOs of SpaceX, Anthropic and OpenAI.
• When Elon Musk's SpaceX priced its IPO at $135 a share, giving the company a record $1.77 trillion valuation, investors were left with one overriding question: Was it justified?
• The same question now hangs over Anthropic and OpenAI.
• Anthropic co-founder and CEO Dario Amodei speaks on an artificial intelligence panel during Inbound 2025 Powered by HubSpot at Moscone Center on in San Francisco, Sept.