Laffer Tengler Investments CEO and CIO Nancy Tengler discusses OpenAI's $500 billion valuation, why she is still interested in SpaceX and how public market investors weigh the impact of private valuations. Tengler joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech." ...

Private Market Valuation & Growth - The "Magnificent 7" private market companies' valuations have nearly doubled in the past year, reaching $12 trillion [1] - This growth almost triples that of their public market counterparts [1] - Since late 2022, the combined value of these companies has quadrupled from $264 billion [2] AI's Dominance - AI is identified as the defining force behind private market performance [2] - OpenAI and Anthropic have surpassed Stripe and DataBricks in valuation, highlighting AI's influence on private capital [2] - 19 AI firms in the Forge basket have raised $65 billion year-to-date [3] - This represents 77% of all private market capital raised [4] Investor Sentiment & Market Trends - Investor demand for AI exposure is intense [3] - Crossover funds are actively seeking AI exposure [4] - Median valuations across the broader private market are trending back toward pre-downturn levels following the 2022 pullback [4]

Market Trends - Lambda, a GPU rental company, is reportedly considering going public, similar to its competitor CoreWeave [1]

Another big part of the market is all these private companies, right. We we we talk a lot on this show, you know, in general in the journal about the number of companies that are staying private longer. Sometimes that's like a startup company that just sort of delays its IPO for a long time, but sometimes those are like big established companies that are owned by private equity funds.There's a lot of talk of exits. It's hard for those companies to get exits. We've written a lot about the the challenge that ...