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Today, Explained

AI goes IPO

Today, Explained

Vox

Politics, Daily News, News

4.310.3K Ratings

🗓️ 2 June 2026

⏱️ 29 minutes

🧾️ Download transcript

Summary

Some of the richest companies on Earth want your money. OpenAI, Anthropic, and SpaceX are racing to raise as much of it as possible by going public. This episode was produced by Peter Balonon-Rosen, edited by Jolie Myers, fact-checked by Gabriel Dunatov, engineered by David Tatasciore, and hosted by Sean Rameswaram. SpaceX's Starship 39 rocket launching from Starbase during the 12th test flight. Photo by RONALDO SCHEMIDT / AFP via Getty Images. Listen to Today, Explained ad-free by becoming a Vox Member: vox.com/members. New Vox members get $20 off their membership right now. Transcript at ⁠vox.com/today-explained-podcast.⁠ Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Big news this week for all my Gordon Geckos, my Robin Hooders, my Claude Squad Anthropic,

0:05.8

which is newly the most valuable AI company in SeWorld, announced it would be going public.

0:12.0

That news follows reporting that Open AI plans to go public as soon as September,

0:16.6

and that that news follows reporting that Space X, which also considers itself an AI company,

0:22.9

will be going public in maybe just a few weeks from now.

0:26.4

Welcome to the era of the Omega IPO.

0:32.2

We are about to see millionaires, billionaires, and yes, probably even the world's first trillionaire created overnight.

0:40.6

And yes, it's that guy.

0:42.2

This is the chainsaw for bureaucracy.

0:46.4

Change saw.

0:47.8

But all the tech bros who are going to make all the money, they need our money way more than we need their products.

0:54.9

And we're going to remind you why on today, Explain from Vox.

1:00.3

Support for the show comes from Dell.

1:01.9

Remember Dell?

1:02.6

Dell PCs with Intel Inside are built for the moments you plan.

1:06.3

Still, and the ones you don't, still.

1:08.2

They're there for those late night study sessions when you get to the cafe and there's no outlets, all that stuff.

1:13.0

Dell is built to adapt to you.

1:15.5

It's built with long-lasting batteries.

1:17.1

You're not scrambling for an outlet and built-in intelligence that makes updates around your schedule, not in the middle of it.

1:23.7

Find technology built for the way you work at Dell.co.uk-fork-slash

1:30.6

Dell PCs built for you.

...

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