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dxyz vcx premium analysis
1. Don’t look at the two NAVs they announced. The valuation has lagged by more than 3 months, so it has no practical reference value.
2. The valuations that changed a lot over these five months are: anthropic, $350B → $900B; spacex, $800B → $1.75T; openai, $600B → $850B; Databricks, $55B → $134B; Shield AI, $5B → $12B ...
3. I’ll go straight to my calculation results: