SpaceX, Saronic, and the New Era of Defense Tech Investing | Trading Places Podcast Ep31

Markets hit all-time highs in 11 trading days. Someone shorted oil 20 minutes before Trump spoke. SpaceX wants to raise $75B at a $2T valuation. And an autonomous naval defense startup just hit a $9.25B valuation — and almost no one's talking about it.Dave and Aman break down the biggest stories in venture and tech: the OpenAI executive exodus, why Stripe and Databricks still won't IPO, the continuation vehicle boom reshaping VC fund structures, and a deep valuation dive on Saronic — the defense tech company building autonomous warships for the US Navy.Timestamps:00:00 — Cold open00:36 — Tech & VC news01:56 — OpenAI C-suite exodus 💨05:52 — Markets ATH despite Iran War 🚀11:56 — How to price the SpaceX IPO 🤔19:53 — Cerebras IPO is greenlit 🟢21:43 — VC top 15 mega raise 💰25:48 — Iconiq: celebrity wealth advisor to the stars 📸27:27 — Stripe, Databricks, Canva IPO mirage 👻30:15 — Continuation vehicle boom 🚖33:26 — Valuation Corner: Saronic @ $9.25B 🛳41:44 — Second takes[ links: ][ invest = https://practicalvc.com ][ trading places socials = www.linktr.ee/tradingplacespod ][ aman verjee = https://www.linkedin.com/in/aman-verjee/ | https://x.com/amanverjee ][ dave mcclure = https://www.linkedin.com/in/davemcclure | https://x.com/davemcclure ]#VentureCapital #SpaceXIPO #StartupValuation #TechInvesting #Saronic