About 20 New Billionaires Could Be Minted by 3 Mega-I.P.O.s

The back-to-back-to-back round of massive public offerings that began this week is going to make a select group of employees of three technology firms very, very rich.SpaceX, the rocket and artificial intelligence company, said on Thursday it had raised about $75 billion from its offering, putting its valuation at $1.77 trillion.Anthropic, the A.I.

start-up that makes the Claude chatbot, and its ChatGPT-making rival, OpenAI, have also both filed to go public soon.Each of those companies has an estimated valuation approaching $1 trillion.The mega-listings are projected to create over 20 new billionaires from the companies’ ranks of current and former employees, according to an analysis for The New York Times by Sacra, a private markets research company.They will have access to publicly traded shares that can more easily be turned into very real spending power.

(At least, they will at the conclusion of lockup periods, during which company insiders are not allowed to sell their shares.)That includes Gwynne Shotwell, the longtime SpaceX chief operating officer who controls a stake in the company projected to be worth under $2 billion.And when Anthropic and OpenAI go public, billionaires at those firms will eventually have mountains of public shares available to sell.That list will include people like Greg Brockman, the Open AI co-founder and president, who testified in a trial last month that his shares in the A.I.

start-up were worth $30 billion.And Dario Amodei, the Anthropic co-founder and chief executive, has a net worth already estimated at about $8 billion.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access.

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