SpaceX, Anthropic, and OpenAI plan massive IPOs worth $4trn
Original: Can the stockmarket swallow Anthropic, SpaceX and OpenAI?
Why This Matters
Historic IPO wave could reshape public markets and AI industry landscape
SpaceX plans $75bn IPO on June 11th, followed by Anthropic and OpenAI seeking $60bn each. The three companies' public debuts could add $4trn to US stock market value within months, marking largest IPOs ever.
SpaceX is reportedly planning to raise $75bn from investors on June 11th, with shares beginning Nasdaq trading the next day. Elon Musk's rocket company will likely be followed by AI competitors Anthropic and OpenAI, both seeking approximately $60bn valuations. Anthropic filed draft IPO paperwork on June 1st, while OpenAI is expected to file soon. Combined, these three 'giga-IPOs' could add as much as $4trn to the market value of listed American companies within months, representing the largest stock market debuts in history. The massive scale of these offerings raises questions about whether public markets can absorb such enormous listings.