Anthropic, OpenAI, and SpaceX are bigger than the last 25 years of tech exits

A new Pitchbook report estimates that SpaceX, Anthropic, and OpenAI together will generate more exit value than all U.S. VC-backed exits since 2000. SpaceX already went public at $1.77 trillion; Anthropic and OpenAI are each pushing toward trillion-dollar valuations. The post doesn't give a precise combined figure, but the concentration in AI and space is historic.

Why it matters: Pitchbook's data gives the AI valuation debate a historical yardstick—the comparison scale is massive and the numbers are concrete. Two dings: SpaceX isn't an AI company, so lumping it in feels like padding; the post doesn't give a combined exit-value figure, just directional ...