SpaceX and AI startup wealth fuels demand for private jets
The Guardian
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The IPO of SpaceX, which includes AI firm xAI, generated $85.7bn and significant wealth for employees and founders, fueling a surge in private jet purchases among tech investors. Anticipated IPOs from AI companies Anthropic and OpenAI are expected to further boost demand for private aviation, with shared-ownership flights up 11.8% and private jet owner flights up 13.4% globally in early 2026.
