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But we saved everything 🙂.
Confident negativity around SpaceX IPO signals bullish potential, Austen Allred notes
Austen Allred, founder / CEO at BloomTech, observes that general sentiment toward the anticipated SpaceX IPO from individuals with no prior engagement in stocks or finance is notably negative.
Allred suggests this contrarian sentiment makes him more optimistic about the IPO's prospects.
Allred has previously compared Anthropic’s approaching $1 trillion valuation to Google’s $425 billion in annual revenue, describing the scale of growth among major tech companies in a recent post (link). He has also written that raising a Series H funding round reflects the impact of Sarbanes-Oxley on public market access for high-growth firms (link). Both posts highlight Allred’s recent focus on tech sector valuations and late-stage private market trends.
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