SpaceX vs Anthropic: Which Stock Is More Justifiable at a $2 Trillion Valuation?
When Anthropic goes public, it may be at a valuation similar to SpaceX.
Overview
Anthropic has emerged as a leading artificial intelligence (AI) company. Its Claude chatbot has been shown to be excellent in terms of coding, and it's been a popular choice among business users.
Space Exploration Technologies Corp (NASDAQ:SPCX), more commonly referred to as just SpaceX, also has its own AI chatbot in Grok. AI, however, is just one of multiple areas that SpaceX is investing heavily in, alongside space and its Starlink internet business.
Details
When Anthropic goes public, it's believed it'll fetch a valuation of close to $2 trillion, which is around what SpaceX is worth these days. Which stock would be a better option for growth investors?
Source
Originally published at www.fool.com.