SpaceX Has Filed Confidentially For IPO, The AI Divide In Venture Capital | Bloomberg Deals 4/1/2026

SpaceX confidentially filed for an IPO, marking a pivotal shift for Elon Musk’s privately held aerospace giant after decades of speculative valuation and private funding rounds. Venture capital firms are increasingly splitting investments between traditional AI startups and quantum computing ventures, with Bain Capital and Salesforce Ventures highlighting the growing "AI divide" in tech funding strategies. Morgan Stanley’s M&A co-head noted surging deal activity in quantum hardware, driven by defense and financial sector demand, as legacy firms race to acquire early-stage quantum capabilities. Axiom Partners’ founder emphasized quantum’s role in drug discovery and materials science, predicting a 2026 funding surge as AI-quantum hybrid solutions gain traction in biotech and industrial applications. Westbridge Capital warned of overheated valuations in quantum startups, urging caution amid rapid inflows despite unproven commercial scalability in near-term quantum advantage applications.