First reported by bsky
SpaceX stock passes Amazon in market cap after record IPO
AI Sector Wealth Triggers Private Aviation Demand Boom
6h agoen
From the article
SpaceX's record IPO and capital growth in xAI, Anthropic, and OpenAI have led to a sharp increase in demand for business jets. The liquidity boom in the AI sector is transforming the private aviation market, shifting the focus toward a younger audience of 'self-made' billionaires and increasing the demand for aircraft ownership over sharing.
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