Sean Rameswaram

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Big news this week for all my Gordon Geckos, my Robin Hooders, my Claude Squad Anthropic, which is newly the most valuable AI company in the world, announced it would be going public.

That news follows reporting that OpenAI plans to go public as soon as September, and that that news follows reporting that SpaceX, which also considers itself an AI company, will be going public in maybe just a few weeks from now.

Welcome to the era of the Omega IPO.

We are about to see millionaires, billionaires, and yes, probably even the world's first trillionaire created overnight.

And yes, it's that guy.

This is the chainsaw for bureaucracy.

Chainsaw.

But all the tech bros who are going to make all the money, they need our money way more than we need their products.

And we're going to remind you why on today's Explain from Vox.

Of course.

Today Explained is a daily news podcast from Vox.

Ah, got it.

This is Today Explained.

OK, so all the big AI companies are going to IPO, even the one that you previously thought was a spaceship company.

And their IPO is the one we know the most about.

So we asked Tim Higgins, who writes about Elon and SpaceX for The Wall Street Journal, to help us separate the facts from the fantasy of this company.

Absolutely.

This is about this bright future that Musk is selling.