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Authored by Michael Snyder via TheMostImportantNews.com,

We aren’t supposed to talk about the social decay that is running rampant all around us. Instead, we are supposed to just shut our mouths and pretend that everything is just fine. But that isn’t the truth. Homelessness is the worst that it has ever been, more Americans are addicted to drugs than ever before, gang members outnumber the police, women are being sexually assaulted in staggering numbers, thieves are having a field day and street violence is seemingly everywhere.

Of course if crimes never get reported they never show up in the official numbers, do they?

We know that there have been instances where the crime numbers have been purposely manipulated in order to make local politicians look better.

But no matter how much corrupt officials monkey with the numbers, nobody can deny the reality of what is going on in our neighborhoods.

The following are 10 examples that show that the chaos and lawlessness in the streets of America is totally out of control…

#1 In Seattle, people living near Aurora Avenue have put up “large homemade barricades” in a desperate attempt to keep the rising tide of lawlessness away from their homes…

Residents in a troubled Seattle neighborhood have begun erecting large homemade barricades across residential streets after a surge of gun violence left many fearing for their safety.

Neighbors living near Aurora Avenue say repeated shootings, alleged prostitution activity and late-night chaos have pushed the community to a breaking point.

Following another burst of gunfire over the weekend, frustrated residents took matters into their own hands by physically blocking off nearby roads in an effort to keep traffic and suspected criminal activity out of the area, Fox 13 reported.

If I was living in that area of Seattle, I would probably take even more drastic actions.

Personally, I don’t understand how anyone can possibly feel safe now that the entire area has turned into a war zone…

The latest escalation occurred around 4 a.m. Saturday near Aurora Avenue North and North 98th Street. Seattle Police responded to the scene after neighbors reported hearing more than 30 gunshots.

Surveillance video from a nearby property captured the encounter, where several men can be seen ducking behind cars and returning fire.

Rudy Pantoja, who works for the property owner, said they spent the weekend patching bullet holes in the side of the building.

#2 Conditions have gotten so much worse in New York City in recent months. For example, a running gun battle in the Bronx resulted in a 5-year-old girl getting grazed by a stray bullet…

Terrifying video captured a reckless gang gun battle on a Bronx street on Wednesday that left a 5-year-old girl grazed by a stray slug to the head.

Footage released by the NYPD shows three suspected ganbangers firing off several rounds as they run from the scene on Southern Avenue in Longwood — with at least two shooting blindly over their shoulders.

The broad-daylight shooting between two warring gangs unfolded along Southern Boulevard in Longwood around 5:40 p.m. Wednesday, sending innocent bystanders scattering for cover, sources said.

#3 Portland was once one of the most beautiful cities in the entire world, but now it has become a rotting, decaying, drug-infested hellhole. One homeless woman that is apparently deeply addicted to drugs is regularly dragged away by a group of unknown men and brutally sexually assaulted…

Citizen journalist Kevin Dahlgren and other locals told the Daily Mail that the middle-aged woman is regularly accosted by a group of unknown men.

They said she is usually taken to a nearby motel or apartment, where she is forced to shower, before being subjected to horrific sexual assaults.

Portland residents, specifically those in the Old Town area of the city, who know the woman said the group attacks can go on for days before she is dumped back on the streets.

#4 Over the past few years, chaotic “teen takeovers” during which vast hordes of young people run completely wild have become a regular occurrence in major cities all over the nation…

Have you seen the new social media-generated phenomenon, Teen Takeovers? A Teen Takeover is when a riot of teens, in numbers overwhelming to local police, floods a local prearranged meeting through social media to wreak havoc.

Youth run wild, defying authority, starting fires, ramming police cars, smashing windows, robbing stores, doing anything and everything that comes to their minds that is against the law and societal order. It is a young human explosion of anger, rebellion, organized chaos, destruction of property, breaking laws, theft, and bodily injury.

Those involved say they aren’t looking to really hurt anybody. They only aim at destroying their little part of Western Civilization as a protest against what they have been indoctrinated to believe are rampant injustices.

#5 In Detroit, a couple of “teen takeovers” on Memorial Day weekend started out peacefully but quickly turned violent…

A troubling trend is growing across Detroit and the country— large “teen takeover” gatherings that erupt into violence, and Memorial Day weekend brought two more incidents to the forefront.

Massive crowds flooded Peterson Park on Memorial Day for one of the so-called teen takeovers. Neighbors say it started out peacefully, but fights broke out and police moved in to disperse the crowds.

One neighbor, who did not want to be identified, said the situation has him worried about what comes next.

#6 In Chicago, 5 police officers were hit by a vehicle during a “teen takeover” on Memorial Day weekend…

Mayor Brandon Johnson will face questions on Wednesday following two “teen takeover” incidents that resulted in dozens of arrests and left several officers injured.

Over the holiday weekend, two large gatherings devolved into chaos.

The first occurred early Sunday morning in the 1200 block of South Loomis Street on the Near West Side.

During that incident, five Chicago police officers were hit by a car while trying to disperse the gathering.

#7 We live at a time when advertising what you believe can literally get you killed. Earlier this month, a 69-year-old man in Southern California was literally beaten to death right in front of his home which was brightly adorned with pro-Trump decorations…

A Southern California man known for his patriotic and pro-Trump home decorations died after he was assaulted outside his house, authorities said.

Kerry Sheron, 69, died Sunday night after the assault Wednesday in Escondido, north of San Diego, the city’s police department said in a statement Monday.

Thomas Caleb Butler, 32, was arrested last week on charges of attempted murder, elder abuse, criminal threats and battery in connection with Sheron’s death. He is being held without bail, jail records show.

#8 Wearing the wrong clothing can also get you attacked. In Los Angeles, a Jewish man was recently viciously assaulted as he was walking home from his local synagogue…

The incident itself occurred shortly before 10 p.m. on April 27, officials said, when James allegedly followed the victim in a van as he walked through an alley in the Pico-Robertson neighborhood, jumped out and suddenly attacked him “without provocation.”

KTLA obtained video surveillance footage of the altercation and learned that the 32-year-old victim was walking home from the Adas Torah synagogue while wearing traditional Jewish clothing when the suspect approached in the van.

“I just didn’t have a good feeling,” the victim, who requested anonymity, recalled. “I make eye contact with [the male driver], try to make a face [that says], ‘Is everything cool?’ And then he just jumped out of his car like a lion.”

As the suspect walked to his car, he allegedly yelled “Free Palestine!” the victim added.

#9 Be very careful when using online marketplaces. One man that advertised two Corvette seats for sale on Facebook Marketplace probably never imagined that the man that he planned to sell them to would end up killing him…

A Michigan man convicted of murder in the case of a Facebook Marketplace sale that went wrong was sentenced to life in prison without the possibility of parole on Monday.

Omar Brogdon, 31, of Detroit, received his sentence from Judge Khary L. Hanible at the Genesee County Circuit Court in Flint, MLive reported. In April, he had been convicted of felony murder, second-degree murder, armed robbery and three counts of using a firearm while committing a felony for a deadly shooting.

#10 Domestic violence has become a raging epidemic in our day and time. An incident that recently occurred in Arizona was particularly shocking…

A crazed Arizona mom gunned down her two children in a shocking murder-suicide after earlier shooting a woman who’d been with her husband at a bar, according to cops.

Andrea Clarice Davis, 38, drove to Tailgaters Sports Bar & Grill in Glendale just after midnight Monday and shot at her husband of 12 years, Nolan Davis, 39, and a 36-year-old woman he was with outside, police told AZFamily.

The other woman, who has not been identified, was shot in the back of the head as she got in her car to flee, according to Glendale police spokesperson Jose Santiago.

Andrea Davis then drove home and texted her husband to say she was going to hurt their two young children — sending him a horrific image of one of them bleeding from the head, police said.

When I was growing up, the crazy people were solidly in the minority.

But now it seems like the crazy people are in the majority.

Perhaps that is because well over 50 percent of the population is hooked on either legal or illegal drugs these days.

Our society is coming apart at the seams all around us, but we keep being told that everything is okay.

Of course the truth is that everything is most certainly not okay.

Chaos and lawlessness are raging all around us, and conditions just continue to get even worse year after year.

Michael’s new book entitled “10 Prophetic Events That Are Coming Next” is available in paperback and for the Kindle on Amazon.com, and you can subscribe to his Substack newsletter at michaeltsnyder.substack.com.

Russia is banning exports of jet fuel through November 30, 2026, as it seeks to ensure domestic supply amid intensifying Ukrainian drone attacks on the Russian refining infrastructure, OilPrice.com reported.

Russia on Monday announced it is temporarily banning jet fuel exports until the end of November to keep sufficient domestic aviation fuel supplies. Supplies under intergovernmental agreements are exempted from the ban, the Russian government said today.

The decision comes after drone strikes on refineries pushed Russia’s crude-processing rate to the lowest in more than 16 years. In an effort to curb the flow of petrodollars into the Kremlin’s coffers, Ukraine has targeted a wide range of energy assets including sea ports and pipelines. 

The ban is not expected to be felt on the tight international jet fuel market as Russia is a small exporter of aviation fuels.  Last year, it exported an average of 30,000 barrels a day, or less than 2% of the global supplies, according to data compiled by Bloomberg from analytics firm Vortexa Ltd. Daily average exports slipped to 28,000 barrels in the first four months of 2026, with Turkey being the main buyer, the data show. 

But the ban on kerosene exports follows a ban on gasoline exports, in force since April 1, as Russia has seen its refining capacity and capability crippled in recent weeks by intensifying drone attacks from Ukraine.

Kyiv has targeted several major refiners and oil export terminals since the war in Iran began, aiming to cripple Russia's ability to take advantage of the soaring international oil and fuel prices.

Last month, Ukraine targeted the 300,000-barrels per day Yaroslavl oil refinery in Russia, escalating the drone attacks on Russian refining and oil exporting assets, Ukrainian President Volodymyr Zelenskyy said.

“We are bringing the war back home – to Russia – and that’s only fair,” Zelenskyy said in May.

The attack on the Yaroslavl oil refinery, co-owned by Gazprom Neft, was the fourth on the facility in one month, as Ukraine looks to diminish Russia’s refining and export capabilities amid soaring international oil and fuel prices.

Since international crude oil prices surged following the war in the Middle East, Russia has boosted its oil revenues as not only prices have jumped, but Russian oil was made desirable in India again, thanks to U.S. waivers for sales of Russia’s crude already loaded on tankers.

Ukraine is intensifying attacks on Russian refineries and oil export ports as Kyiv looks to limit Russia’s oil exports and revenues.

Just two weeks ago, when fielding questions from reporters about the now paused massive US arms package to Taiwan, President Trump stated: "I have to speak to the person that right now is - you know who he is - that's running Taiwan."

And now, in the wake of Trump's May Bejing visit to meet within Xi Jinping, CBS reports, "President Trump is no longer expected to speak with Taiwanese President Lai Ching-te before Chinese President Xi Jinping's potential trip to the United States this fall, multiple sources familiar with the discussions" stated.

Xi had warned Trump that Taiwan could become a "very dangerous situation" if mishandled - and since then the estimated $14 billion weapons package has been put on pause.

That a sitting US president is not speaking to Taiwan's elected leader is actually normal based on Washington's policy of strategic ambiguity, and official acknowledgement of 'One China'. Trump is signaling that this will not change for now:

No sitting U.S. president has spoken directly with a Taiwanese leader since 1979 due to diplomatic sensitivities in managing relations with China, although in December 2016, while Mr. Trump was president-elect, he received a congratulatory call from then-Taiwanese President Tsai Ying-wen.

"I think [Lai], if he has time, would love to tell him our side of the story, the Taiwan story, which is one that — of resiliency, of a state staying up against the Chinese aggression," Alexander Yui, Taiwan's Representative to the U.S., told "Face the Nation with Margaret Brennan" on May 17.

But while the self-ruled island's leader Lai Ching-te is in political limbo and waiting on the sidelines as Washington and Beijing continue to try and heal relations, the head of Taiwan's lead opposition party will be touring around the United States:

In April, Cheng Li-wun became the first leader of Taiwan’s main opposition party to meet Xi Jinping in a decade. On Monday, she is flying to the U.S. with a message Beijing would recognize as its own.

Cheng, the chairwoman of the Kuomintang, is set to begin a two-week U.S. tour that is billed as a peace mission but also carries the weight of U.S.-China geopolitics. It is happening as Beijing is urging Washington to rethink its support for Taiwan, a self-ruled democratic island that doesn’t recognize Beijing’s claim to govern it.

Cheng is a possible contender in Taiwan’s 2028 presidential election, in a party that has traditionally supported reconciliation with China. Her message for an American audience is that Taiwan—formally the Republic of China, not to be confused with the People’s Republic of China—operates under a constitution that already supports the principle that the island and the mainland are part of a single China. Cheng maintains that she, not the current government, is the leader best positioned to guarantee stability across the Taiwan Strait.

Importantly, The Wall Street Journal speculates on the possibility of Cheng meeting with Trump, or possibly other White House officials - though it seems unlikely:

If Cheng returns home having secured high-level American access, she can present herself back home as the one figure capable of managing both Beijing and Washington.

“That,” Sacks said, “would be a fairly formidable proposition.”

The question is whether President Trump will play along. People close to the White House said Cheng shouldn’t expect meetings with top administration officials, pointing to a policy framework in which the administration engages foreign opposition leaders only when they are seen as likely future heads of government—a bar Cheng hasn’t cleared.

Cheng has expressed her willingness to meet Trump, though she has also said that is likely to be hard. 

This is all about steering self-ruled Taiwan into China's orbit, and Beijing asserting political power to do so in the face of the Trump administration, after China has long stated its official policy of reunification to the mainland through political means.

Beijing has continued to present itself as the only peace guarantor and as a force for stability and is seeking 'Taiwan's willing participation' - at a moment the Middle East is on fire largely as a result of American policy and quickness to result to force and surprise attacks.

It will be interesting to see who in the Administration will meet with her. At a minimum, it will be the Managing Director of AIT Washington, Ingrid D. Larson.

Taiwan’s main opposition leader, Cheng Li-wun, is set to begin a two-week U.S. tour as Beijing urges Washington to…

— Dennis Wilder??? (@dennisw5) June 1, 2026

Xi and Cheng, when they met in Beijing back in early April, expressed a desire for a "peaceful" resolution to the many decades-long Taiwan crisis, and posed for photos at the Great Hall of the People. They engaged in public remarks but also held a private, closed-door meeting.

Cheng emphasized in words to reporters that Chinese and Taiwanese officials should work to "transcend political confrontation and mutual hostility." She stated, "Instead, it should become a strait that connects family ties, civilization and hope – a symbol of peace jointly safeguarded by Chinese people on both sides."

Her rhetoric was tinged with familiar Chinese Communist Party talking points as she heralded China's supposed eradicating of absolute poverty while seeking to achieve the "great rejuvenation of the Chinese nation".

People Incorporated, formerly IAC and run by Barry Diller, has submitted a non-binding proposal to acquire the remaining MGM Resorts shares it does not already own for $48.30 per share in cash. 

The latest Bloomberg data show People Inc. owns 26.1% of MGM Resorts, or about 66.82 million shares. The offer to buy the remainder would cover roughly 73.9% of MGM that is not already owned.

The $48.30-per-share offer represents a 24.1% premium to MGM's 30-day volume-weighted average price, more than a 30% premium to its 90-day VWAP, and a 10.6% premium to the most recent closing price. Such a deal would value MGM Resorts at $18.8 billion, including debt

MGM Resorts shares are up 15% in late morning trade. 

"We began investing in MGM nearly six years ago because we believed it represented a rare kind of business: one with real-world assets that AI cannot easily replicate or disintermediate and exceptional digital growth opportunities. That conviction has only strengthened over time," Diller wrote in a statement.

He continued, "We continue to believe the market materially undervalues the power and durability of MGM's assets. We believe MGM's management team is superb, and that there is a compelling opportunity to support MGM's next phase of growth and help unlock its full value."

People Inc. expects MGM to go private if the deal proceeds. It would fund the transaction with cash on hand at both People and MGM, as well as additional debt and equity commitments.

"People Incorporated expects that it will own just over 50.1% of the equity of the company, with other investors (which may include existing shareholders of MGM) holding minority interests. People Incorporated would control the MGM business," Diller's firm stated.

News of the take-MGM-private deal comes days after Tilman Fertitta, the Texas billionaire behind Golden Nugget and Landry's, reportedly prepared a $5.7 billion takeover of Caesars Entertainment.

Is Wall Street's next big trade a rush into assets AI can't easily disrupt? 

Update(1335ET): In a rare development, Iran itself is now issuing warnings for northern Israel. Tehran is saying that if Beirut comes under fresh Israeli attack, then new assaults on northern Israeli settlements will in turn be unleashed:

Iran’s Khatam al-Anbiya Central Headquarters has warned residents of northern Israel to leave the area if Israel carries out threats to expand attacks on Beirut and its southern suburbs.

But at the same time there are reports saying Hezbollah has indicated to Washington that it is ready to agree to a ceasefire if Israel does the same. And more:

• HEZBOLLAH SAYS CONSENT WOULD BE WITHOUT PRECONDITION:CHANNEL 12
• TRUMP: HEZBOLLAH, ISRAEL AGREE NOT TO ATTACK EACH OTHER

Trump phone call with Netanyahu: Hezbollah agrees shooting will stop; will be no IDF troops going to Beirut:

Regional Asharq news writes that "Lebanon informed the US of Hezbollah's acceptance of Washington's proposal and its readiness to commit to not targeting Israel." But a ground war in southern Lebanon is already well underway - and a truce would likely be determinant on some level of an IDF withdrawal of territory captured in the last days.

*  *  *

The US-Iran ceasefire is being tested on multiple fronts, with Tehran already having announced Monday the suspension of contact with Washington over the escalation of Israel's ground war in Lebanon, where the IDF keeps pushing further north of the Litani River. Israel looks poised to resume major airstrikes on Beirut, despite that technically it has a US-mediated ceasefire in place with the government of Lebanon. Israeli leaders have vowed to halt Hezbollah's persistent drone strikes on northern Israel, and to establish a security buffer zone.

Also on Monday Israel's defense minister threatened there will be "no calm in Beirut" if Hezbollah's rockets and drones continue raining down on Israeli communities and troop locations. This is a direct threat to resume airstrikes on the capital city. This has direct impact on the US-Iran ceasefire:

IRAN'S STATE TV SAYS PROBABILITY OF CEASEFIRE BETWEEN IRAN AND U.S. ENDING IS HIGH IF ATTACKS ON LEBANON DO NOT STOP

"The Dahiyeh in Beirut is no different from the communities in northern Israel – if there is no calm in the north, there will be no calm in Beirut," Israel Katz said in a statement released by his office,

Dahiyeh a Hezbollah stronghold near the country's main international airport, but is densely packed with civilians. Each wave of Israeli attacks has historically resulted in high civilian casualties.

"At the same time, the IDF continues to operate with fire and maneuver against Hezbollah terrorists and infrastructure in Lebanon ... in order to push threats away from IDF forces and from the residents of the State of Israel, and to turn the Litani area into a zone under IDF security control, free of weapons and terrorists," Katz added.

Some pundits have argued that the new Lebanon campaign is aimed at hindering Washington from making a 'bad deal' with Tehran (from Tel Aviv's perspective). Others have said Netanyahu appears "stuck" and doesn't have a clear mission in Lebanon:

Israeli PM Benjamin Netanyahu is “stuck” in terms of military strategy in Lebanon, according to Jad Melki, professor of media studies at the Lebanese American University.

Melki told Al Jazeera that most of Israel’s escalation has been targeting civilian centres in the city of Tyre, villages in south Lebanon, and historical sites like Beaufort Castle.

“Most of these have been built by Netanyahu as major strategic accomplishments, but those have been mostly exaggerated. Even the Beaufort Castle – unless we’re living in the 12th century, it’s not a strategic military location anymore,” he said.

“The problem is that Netanyahu is stuck,” Melki told Al Jazeera. “He cannot advance very quickly, as he will break the Israeli army, and he cannot sit still in the occupied territories of South Lebanon right now because the resistance is basically hunting his soldiers like sitting ducks, so he’s stuck and can only bomb hospitals and kill civilians and medical workers.”

Opinions have remained varied as to what Israel hopes to gain by escalating things in Lebanon at this fragile point where Israeli is at war on multiple fronts (and might the Houthis join next?):

Told @BeckyCNN:

- IRGC media claim suspension of Iran-US exchanges of messages, but we should be cautious pending official announcement.

- Israel may tell Trump that escalation in Lebanon will strengthen his hand vs Iran, but likely aim is to derail Iran-US diplomacy. pic.twitter.com/NWmTQsbIbg

— Mohammad Ali Shabani (@mashabani) June 1, 2026

Local Israeli media outlets have also in some cases questioned the strategic utility of the entire operation in establishing a 'buffer zone', pointing out that Hezbollah’s tactical drone fleet is widely believed to possess an operational range in excess of 30 km.

Hezbollah has been having success especially with fiber-optic cable drones which are not to susceptible to jamming, hacking, or other electronic warfare interception measures. All of these developments mean that the Washington-mediated ceasefire is effectively dead, and as Hezbollah's asymmetric warfare is likely to ramp up in response.

France announced Monday another weekend interdiction of a Russian "shadow fleet" vessel in international waters near its coast. The French Navy boarded and detained a sanctioned oil tanker, President Emmanuel Macron announced Monday, in an operation which had the assistance from the UK Royal Navy and other allies.

This marks the fourth time since September that French commandoes have intercepted a boarded a sanctioned Russian vessel in regional waters.

The vessel, identified as the Tagor, originated from Murmansk, Russia, and was taken by French authorities while it traversed around 400 nautical miles (740 km) west of the tip of Brittany.

"It is unacceptable for ships to circumvent international sanctions, violate the law of the sea and fund the war that Russia has been waging against Ukraine for more than 4 years," Macron wrote in a post on X.

The apparent legal justification France's navy has relied on for such actions is the practice of "flag-hopping" - which involves a crew repeatedly changing displayed flags, along with often invalid registrations to thwart international tracking monitors.

At the time of boarding, via soldiers rappelling from helicopter, the ship was falsely flying a Cameroonian flag while reportedly en route to the coastal African city of Limbe, Cameroon.

Macron confirmed further on X: "This operation took place in the Atlantic Ocean, on the high seas, with the support of several partners, including the United Kingdom, in strict compliance with the law of the sea."

The Kremlin again condemned such 'unlawful' seizures in international waters, with spokesman Dmitry Peskov saying, "We consider these acts as illegal, they border on international piracy … Russia is taking measures to ensure the safety of its cargo."

The vessel's captain is a Russian citizen, according to an embassy disclosure from Paris. According to more:

Guillaume Le Rasle, a spokesperson for the prefecture, said the tanker was under EU and US sanctions. “It is a vessel that was known and tracked,” he told AFP.

“The decision to divert it was taken Sunday evening. The objective of the diversion is to verify the validity of its flag,” Le Rasle said, adding that the tanker, which has frequently changed flags, was “almost empty” at the time of boarding.

La Marine nationale a arraisonné hier matin un nouveau pétrolier sous sanctions internationales en provenance de Russie : le Tagor. Notre détermination est constante et totale.

Cette intervention a été effectuée en Atlantique, en haute mer,… pic.twitter.com/zxEslYjbUE

— Emmanuel Macron (@EmmanuelMacron) June 1, 2026

The last several seized tankers were also flying flags of African nations, and these interdictions have stretched back through last year. In some instances, Russia has been sending military escorts - which of course has seen French and European militaries hold off executing any action.

Four days after releasing its latest Claude Opus 4.8 model and raising $65 billion at a $900 billion valuation, Anthropic confidentially filed a draft Form S-1 with the SEC late Monday morning for a proposed IPO of its common stock.

"This gives us the option to go public after the SEC completes its review. The proposed initial public offering will depend on market conditions and other factors," the maker of the Claude chatbot wrote in a press release.

The move puts Anthropic and OpenAI in a race to become the first major frontier AI lab to tap public markets, as investor appetite for AI infrastructure and all things SpaceX remains hot into early June.

It's "worth noting: filing first ? pricing first a confidential draft S-1 starts the SEC clock but sets no date," CNBC reporter Deirdre Bosa pointed out on X.

worth noting: filing first ? pricing first

a confidential draft S-1 starts the SEC clock but sets no date https://t.co/EY8X4Q4y8N

— Deirdre Bosa (@dee_bosa) June 1, 2026

The Polymarket bet "Will Anthropic or OpenAI IPO first?" shows that the confidential S-1 filing was a surprise to prediction markets.

Anthropic's confidential S-1 filing was a surprise to prediction markets https://t.co/08PxrLSOXG pic.twitter.com/TivykIBSZb

— zerohedge (@zerohedge) June 1, 2026

The surprise news comes four days after Anthropic raised $65 billion at a $900 billion valuation, nearly tripling its prior valuation and potentially surpassing OpenAI as the most valuable frontier AI lab.

That round was led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia, with additional participation from major investors including Baillie Gifford, Blackstone, Brookfield, Abu Dhabi’s MGX, and Singapore’s Temasek.

The funding comes shortly after Anthropic released Claude Opus 4.8 and follows a prior $30 billion raise at a $350 billion valuation just three months earlier.

The Anthropic-OpenAI race to IPO comes as SpaceX is targeting an IPO for June 12, or next Friday, with shares expected to trade on the Nasdaq under the ticker symbol SPCX.

Just last month. 

OpenAI plans to file for IPO confidentially as soon as Friday: CNBC pic.twitter.com/mlSdYl05XG

— zerohedge (@zerohedge) May 21, 2026

With the flurry of mega IPOs on deck, Goldman has the answer to whether markets can absorb all the incoming supply (read report).