SpaceX Is Ready For IPO Liftoff

Summary

SpaceX is officially kicking off the year of the biggest IPOs ever. More job cuts and more signs AI is the cause, in one way or another. Microsoft makes its first public moves to divorce itself from OpenAI when it comes to AI models. And a billion-dollar company with only two employees? You guessed it: AI is why. SpaceX Has Filed Confidentially for IPO Ah…

Key takeaways

• SpaceX has confidentially filed for an IPO targeting a ~$1.75 trillion valuation and up to $75 billion raised, which would shatter Saudi Aramco's $29B record and potentially precede OpenAI and Anthropic listings.
• AI is now directly driving layoffs: tech sector job cuts rose 24% YoY in March 2026, with AI cited as the cause in 25% of all layoff announcements across industries, while companies simultaneously ramp AI capex.
• Microsoft launched three proprietary in-house AI models (speech, voice, image) under Mustafa Suleiman's superintelligence team—its first concrete move toward AI self-sufficiency after a renegotiated OpenAI contract freed it to pursue AGI independently.

Why this matters

The convergence of mega AI-driven IPOs, accelerating workforce displacement, and major platform vendors building competing in-house models signals a structural reshaping of enterprise technology investment, vendor relationships, and labor strategy that B2B leaders cannot afford to ignore.

Entities

Show notes

SpaceX is officially kicking off the year of the biggest IPOs ever. More job cuts and more signs AI is the cause, in one way or another. Microsoft makes its first public moves to divorce itself from OpenAI when it comes to AI models. And a billion-dollar company with only two employees? You guessed it: AI is why. SpaceX Has Filed Confidentially for IPO Ahead of AI Rivals (Bloomberg) Larry Ellison’s Oracle cuts thousands of jobs after AI push (The Times of London) US Job-Cut Announcements in Tech

Themes

• openai