According to Dynamix Beating monitoring, as the tech stock frenzy ushers in a new era, SpaceX, OpenAI, and Anthropic are unleashing an epic IPO wave. The combined valuation of these three giants is estimated to reach nearly $40 trillion, reshaping the future of tech investment.
SpaceX has officially filed for an IPO, targeting a valuation as high as $17.5 trillion to $23 trillion, with a tentative listing date of June 12, 2026. Despite the filings indicating the company still faces billions of dollars in losses, its Starlink business achieved $114 billion in revenue and $44 billion in operating profit in 2025. The documents also revealed a super-voting structure to ensure Elon Musk maintains absolute control and a massive option grant tied to "establishing a Mars colony capable of accommodating 1 million inhabitants and space data centers." It is reported that Goldman Sachs CEO David Solomon previously pursued the lead underwriting role by direct messaging Musk on a social platform.
In the AI race, OpenAI is collaborating with Goldman Sachs and Morgan Stanley, set to secretly submit an IPO prospectus this Friday for a planned listing by the end of 2026 (or earliest by September). OpenAI has previously raised approximately $180 billion in private markets, with the IPO valuation ranging between $8.5 trillion and $11 trillion. Encouraged by this news, SoftBank, holding about 13% of OpenAI, saw a 20% surge in its stock price, realizing approximately $45 billion in unrealized gains on this investment.
As a key competitor, Anthropic has also engaged a legal team to advance the listing process, aiming for a NASDAQ listing in the latter half of 2026 with a target valuation of $9 trillion. Benefiting from rapid commercialization progress, Anthropic achieved $48 billion in revenue in the first quarter of this year and is expected to reach $109 billion in revenue in the second quarter, potentially realizing the company's first-ever quarterly profit.
