MoneyThe story, in brief
Anthropic is having a moment in the private markets; SpaceX could spoil the party
Private market shakeup: Anthropic shares are the hottest trade while OpenAI loses ground.
The KeyNews take
Why it matters
Secondary market dynamics reveal shifting investor sentiment in the AI race, with Anthropic gaining momentum over OpenAI while SpaceX's potential IPO threatens to redirect private market capital flows.
The key facts
4 to knowSecondary market for private shares at record activity levels
Anthropic identified as hottest trade in private markets
OpenAI losing ground in secondary trading
SpaceX IPO signals could impact private market dynamics
Go to the source
TechCrunch AItechcrunch.com
Publisher excerpt: Glen Anderson, president of Rainmaker Securities, says the secondary market for private shares has never been more active — with Anthropic the hottest trade around, OpenAI losing ground, and SpaceX's looming IPO poised to reshape the landscape for everyone.