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Latest / The Startup Exit Podcast with Fexingo: IPOs, Acquisitions, and Founder Liquidity Events

How AI Companies Are Using Direct Listings to IPO

As AI companies race to go public, direct listings are emerging as a powerful alternative to traditional IPOs. Lucas and Luna explore why founders like those at SpaceX and upcoming AI firms are choosing this path, how it changes the exit playbook, and what it means for liquidity events. They break down the mechanics of direct listings, the role of lockup expirations, and the impact on valuations, using recent examples like SpaceX's $135-per-share IPO and the current market data from June 15, 2026. If you're an operator or builder in tech, this episode gives you a concrete…

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