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Potential SpaceX and AI IPOs Could Lift California Tax Revenue

2026-06-21 13:09:23

Abstract generation in progress

California officials see potential SpaceX, OpenAI, and Anthropic IPOs as a possible tax boost above Facebook's approximately $1.3 billion 2012 IPO tax haul. Employee equity structures, early share sales, and tax avoidance tools could make the revenue more dispersed and harder to predict.

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