OpenAI, Anthropic and SpaceX Pursue IPOs Worth Hundreds of Billions as Wall Street Scrutiny Intensifies
Updated
Updated · CNN · Jun 9
OpenAI, Anthropic and SpaceX Pursue IPOs Worth Hundreds of Billions as Wall Street Scrutiny Intensifies
3 articles · Updated · CNN · Jun 9
Summary
$100 billion-plus stock offerings from OpenAI, Anthropic and SpaceX are set to test investor appetite for AI, with SpaceX due to debut on Friday after Anthropic’s confidential filing last week.
Wall Street’s bar is already punishingly high: Broadcom’s 48% quarterly revenue growth and 180% semiconductor growth outlook still preceded a 13% weekly share drop, while a memory-chip ETF fell 15%.
OpenAI and Anthropic enter public markets with huge private-market metrics—OpenAI said it hit $2 billion in monthly revenue and an $852 billion valuation, while Anthropic cited $47 billion run-rate revenue and a $965 billion valuation.
Public listings would force both companies to defend heavy AI infrastructure spending, product delays and monetization plans in quarterly earnings calls, exposing business pivots such as OpenAI’s shutdown of Sora to far sharper scrutiny.
The flotations could become the clearest public read yet on whether AI leaders nearing trillion-dollar valuations can convert rapid growth into durable profitability under quarterly market pressure.
With a trillion-dollar valuation but a $25 billion annual burn, is OpenAI's IPO a massive opportunity or a spectacular trap?
Will Wall Street's profit demands force these AI labs to sacrifice their world-saving missions for quarterly earnings?
AI valuations assume massive growth, but is there enough electricity in the world to actually power this revolution?
The 2026 Mega-IPOs: SpaceX, OpenAI, and Anthropic’s Trillion-Dollar Gamble on AI and Space
Overview
In 2026, the IPOs of OpenAI, Anthropic, and SpaceX are set to transform global markets, with combined valuations expected to reach several trillion dollars. SpaceX plans to go public in June, followed by OpenAI in September and Anthropic in October, marking a new era for public investment in frontier technologies. These high-profile listings will attract intense scrutiny from investors, as they offer a rare chance to invest in leading-edge AI and space companies. The scale and timing of these IPOs signal a pivotal moment, promising both opportunity and risk for the financial world.