OpenAI is reportedly close to raising $30B at a $1.25T valuation. That’s $150B less than the number they were seeking just a month ago, but Jason says “I think they’ve actually right-sized the valuation.” A year ago, hype pushed the big AI companies’ value to more than 100x revenue. Now, that multiple is far lower, and the businesses are still growing fast. Would you consider buying OpenAI shares at that valuation, and then holding it for 10 years? Plus: SpaceX wants to be a major cell…