AI Company Valuations and Retail Investor Entry

signulll · x · 2026-07-15

Using valuation comparisons between US and Chinese AI/semiconductor companies, the post argues that "by the time retail investors can participate, the juiciest gains have often already been realized during the private stages."

Examples cited show that SpaceX, Anthropic, OpenAI, and Cerebras had massive pre-IPO valuations in the US, whereas Chinese companies like Zhipu, MiniMax, and CXMT offered public investors an earlier entry window. The author concludes that US retail investors are often left buying in at peak valuations.

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