[Opinion: Valuations of SpaceX, Anthropic, and OpenAI Are 'Overly Extreme,' Market Needs More Profitability Validation] According to Deep Tide TechFlow on June 9, CNBC reported that Stephen Davies, founder and CEO of Javelin Wealth Management, stated that the current market enthusiasm for investing in SpaceX, Anthropic, and OpenAI has significantly outpaced their fundamentals, with these companies' valuations already pricing in substantial future growth expectations. While artificial intelligence has real application scenarios and long-term value, the market still requires clearer validation of profitability. Without stable proof of earnings, the valuation expansion of AI-related assets carries the risk of excessive optimism. Regarding SpaceX, Stephen Davies believes the company still needs to establish a stronger track record of commercialization and market performance to become a core holding in his investment portfolio. Overall, the valuation levels of some high-growth tech assets have entered an 'overly extreme' range, and investors should focus more on actual profitability support.