This Week in Pre-IPO Stocks

E186: Beware of dilution (OpenAI, xAI, Figure); Figure's huge 780% increase to $39.5b; Anduril 2x to $28b

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00:24 - The Capital Game! xAI Raising $10B at $75B Valuation, Maybe Higher? OpenAI raising $40b at $300b post … DILUTION!
13:10 - Figure AI Raises $1.5B at $39.5B Valuation  
17:21 - Anduril Doubles Valuation to $28B with $2.5B Raise