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The IPOs of SpaceX, OpenAI and Anthropic could create a tax windfall for the state of California. The burst of tech wealth has drawn comparison to the 2012 IPO of Menlo Park-based Facebook, which generated $1.3 billion in taxes for the Golden State. But the revenue impact may be blunted, due to how these employees' sto
The IPOs of SpaceX, OpenAI and Anthropic could create a tax windfall for the state of California. The burst of tech wealth has drawn comparison to the 2012 IPO of Menlo Park-based Facebook, which generated $1.3 billion in taxes for the Golden State. But the revenue impact may be blunted, due to how these employees' sto
The IPOs of SpaceX, OpenAI and Anthropic could create a tax windfall for the state of California. The burst of tech wealth has drawn comparison to the 2012 IPO of Menlo Park-based Facebook, which generated $1.3 billion in taxes for the Golden State. But the revenue impact may be blunted, due to how these employees' sto