That Time I Tried to Buy a Share of OpenAI: Merryn Somerset Webb

The IPOs are coming. SpaceX is said to be planning an initial public offering in 2026, possibly raising more than $30 billion. Anthropic has similar plans for early in the year, and preparations are apparently underway for OpenAI to list with a valuation of $1 trillion in the second half of 2026. Exciting times — at least for those convinced that these companies will define our futures and are worth their current valuations.

So exciting that maybe you don’t want to wait. In a world where companies stay private far longer than they used to, surely it makes sense to consider ...