Anthropic has recently filed its IPO, and its stock could begin trading next month. It'll be the next big IPO after Elon Musk's Space Exploration Technologies Corp (NASDAQ: SPCX) went public back in June, at a whopping valuation of around $1. 8 trillion. Quite simply, it's ludicrous that valuations are as high as they are for businesses with so much risk and such underwhelming financials.
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