Anthropic is having a moment in the private markets; SpaceX could spoil the party

Demand for Anthropic shares in the secondary market has surged, with brokers reporting very few sellers.

OpenAI secondary shares are trading below the company’s recent primary valuation and show less market vibrancy.

SpaceX avoided the 2022–2024 private-market correction, filed confidentially for an IPO this week, and secondary supply is tightening.

Banks have offered different fee approaches: some waive carry on OpenAI deals while Goldman charges carry for Anthropic exposure.