Private market activity is at an all-time high, with Anthropic leading the charge in trading of private shares. This surge in interest underscores the growing confidence in AI startups, although it's a bit of a race against time with SpaceX's impending IPO set to potentially shift investor focus and capital allocation. Rainmaker Securities' Glen Anderson notes that while Anthropic is currently the star, the broader market dynamics could soon shift dramatically, impacting not just Anthropic but the entire landscape of private tech investments.