Can the stockmarket swallow Anthropic, SpaceX and OpenAI? | Hacker News

Hacker News debated whether mega-valued private tech firms like SpaceX, Anthropic, and OpenAI can justify their valuations.

Commenters argued over how such companies would enter public markets, including IPO mechanics and possible index-rule changes.

The discussion also questioned whether AI is producing enough real-world value to support these sky-high market caps.

Some noted that if these firms go public and join major indexes, retirement funds and passive investors could gain heavy exposure.