• db2@lemmy.world
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    8 days ago

    And I’m sure it’s going to be an absurdly high number because it’s all a scam.

    • Marthirial@lemmy.world
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      8 days ago

      And the media is 100% to blame. “Key test for AI” sounds like if the IPO happens there is proof everybody should invest on AI.

    • TragicNotCute@lemmy.world
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      8 days ago

      The secondary market is charging about $86 a share at the moment. Largely due to the 10:1 split last month.

  • nosuchanon@lemmy.world
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    7 days ago

    IPO before the bubble burst for the worlds biggest rug pull.

    OpenAI will not make it in time before the bubble bursts and they are forced to sell the fElon Mush.

    • Treczoks@lemmy.world
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      7 days ago

      Maybe they should advertise directly to the people who bought Trump coins. They are stupid enough to fall for this, too.

    • Action Bastard@lemmy.world@lemmy.world
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      8 days ago

      Won’t happen due to index funds. If they get approval to be publically listed, a bunch of index funds, as a condition of the financial security package they’re selling, will be forced to buy stock to keep their index aligned with the overall market positioning.

      It’s basically the Space X scam all over again with the large brokerages in on it knowing that it’s primarily consumer investors who dropped money into these index funds. The intention is to keep adding a bunch of shitty companies to the market so that the actual big name traders can use it to siphon off the huge glut of wealth in those index funds into their wallet by selling shares at massively overpriced values that they know won’t hold up.

      • OctopusNemeses@lemmy.world
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        8 days ago

        It’s more than SpaceX and Anthropic. The entire market is financial mutually assured destruction. Anyone who has any sort of invested savings pretty much relies on the index funds in some way. If we eat the rich, we don’t get to walk away happy with full bellies. We’re going down with them.

  • Treczoks@lemmy.world
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    7 days ago

    So, which assets do they have? They have a bit of offices and hardware on their own, and their software. Anything else is leased. Where does this unreal amount of money come from? Coke-induced fantasy of the current shareholders?