Reading up on valuation
7 deep · digging since feb 16
- Google to pay SpaceX $920M a month for compute capacity at xAI data centers
Commenters on Hacker News argue that SpaceX's ~100x price-to-sales valuation is unsustainable, calling it overpriced compared to peers like Meta and datacenter REITs.
- Musings on Markets: Revisiting the SpaceX Valuation: A Post-Prospectus Update!
A finance professor updates his SpaceX valuation to $1.3 trillion after the IPO prospectus reveals heavy AI investment, dual-class control, and risky governance.
- OnlyFans Sells 16% Stake Weeks After Death of Owner Radvinsky
OnlyFans sold a 16% stake to Architect Capital weeks after owner Leonid Radvinsky's death, valuing the company at roughly $3.15 billion.
- Anthropic just overtook OpenAI with $1 trillion valuation
Anthropic hit a $1 trillion valuation on secondary markets, surpassing OpenAI's $880 billion, driven by rapid revenue growth.
- Stripe valued at $159B, 2025 annual letter
Stripe's $159B valuation comes from $1.9 trillion in processed volume (34% YoY growth) and a $1B Revenue suite run rate, powering 90% of the Dow and 80% of the Nasdaq 100.
- Anthropic raises $30B in Series G funding at $380B post-money valuation
Anthropic raised $30B in Series G funding at a $380B valuation, with a $14B revenue run rate and $2.5B from Claude Code. Hacker News commenters debated valuation sustainability, competitive moats, and risks of enterprise AI overinvestment.
