Anthropic, OpenAI, and SpaceX are bigger than the last 25 years of tech exits

Anthropic, OpenAI, and SpaceX are expected to generate combined valuation exceeding the total value of all U.S. venture capital-backed exits from 2000 through 2024, according to available market data. The three companies represent a concentration of value creation in artificial intelligence and aerospace sectors. As of 2026, none of the three companies had completed initial public offerings, though valuations assigned in private funding rounds placed them at levels comparable to or exceeding historical exit totals.

Next story