{"id":1019828,"date":"2026-07-10T08:45:59","date_gmt":"2026-07-10T03:15:59","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1019828"},"modified":"2026-07-10T08:45:31","modified_gmt":"2026-07-10T03:15:31","slug":"spacex-and-ai-startup-wealth-fuels-demand-for-private-jets","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/07\/10\/spacex-and-ai-startup-wealth-fuels-demand-for-private-jets\/","title":{"rendered":"SpaceX and AI startup wealth fuels demand for private jets"},"content":{"rendered":"<p>Aviation lawyer Amanda Applegate skipped her annual vacation last month as a surge of wealth from AI startups and SpaceX sent a wave of tech investors shopping for private jets, burying her in paperwork for aircraft-purchase agreements. <\/p>\n<p>The Cleveland-based attorney attributed the rush to a handful of major &#8220;liquidity events&#8221; in the tech industry. <\/p>\n<p>The IPO of Elon Musk&#8217;s \u200bSpaceX, whose holdings include artificial-intelligence firm xAI, raised a record $85.7 billion for the company and generated unprecedented employee and founder wealth. Next in line for potential big IPOs are AI companies Anthropic and OpenAI.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Aviation lawyer Amanda Applegate skipped her annual vacation last month as a surge of wealth from AI startups and SpaceX sent a wave of tech investors shopping for private jets, burying her in paperwork for aircraft-purchase agreements. The Cleveland-based attorney attributed the rush to a handful of major &#8220;liquidity events&#8221; in the tech industry. The IPO of Elon Musk&#8217;s \u200bSpaceX, whose holdings include artificial-intelligence firm xAI, raised a record $85.7 billion for the company and generated unprecedented employee and founder wealth. Next in line for potential big IPOs are AI companies Anthropic and OpenAI.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1019828","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1019828","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1019828"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1019828\/revisions"}],"predecessor-version":[{"id":1019849,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1019828\/revisions\/1019849"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1019828"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1019828"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1019828"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}