With only ~5% of shares floated, the recent SpaceX drawdown didn't correspond to nearly as much economic value really changing as the headline numbers imply. The DeepSeek-caused Nvidia crash from 2025 is much more of a "real" loss (since mostly recovered).

I haven't seen any evidence that Anthropic is delaying its IPO; they're slated to unveil the public IPO prospectus in a week and start trading sometime in October.