SpaceX IPO Surges Past $2 Trillion, With OpenAI and Anthropic Watching in San Francisco

SpaceX’s IPO set a $135 initial share price and valued the company at $1.77 trillion before shares surged to push its value over the $2 trillion mark, making Elon Musk the world’s first trillionaire, according to MS NOW.

“For the past few years, public market exposure to artificial intelligence has largely meant buying a handful of companies that sit underneath the models themselves”

Benzinga

The New York Times described Wall Street celebrating the arrival of the largest initial public offering in its history with SpaceX on Friday, while OpenAI and Anthropic in San Francisco watched how SpaceX trades over the next few months.

Benzinga

The New York Times said OpenAI and Anthropic have also announced intentions to go public as soon as this year, and it framed their expected public-market value as “a little under $1 trillion.”

TechCrunch said SpaceX went public this week in the largest IPO ever, and it quoted Sean O’Kane saying the IPO is “really stress testing the limits of what a public company can be and how much it can be controlled by one single person.”

MS NOW said confidential filings made earlier this year could lead to IPOs from OpenAI and Anthropic after SpaceX, with OpenAI valued at more than $850 billion and Anthropic valued at more than $960 billion.

The New York Times said the market for I.P.O.s has been choppy for 10 years, and it described SpaceX’s debut as potentially “kick[ing] off a blockbuster year for tech companies heading to Wall Street.”

Bitcoin World

Benzinga framed the shift as moving from indirect exposure through hyperscalers to direct ownership of frontier model developers and adjacent infrastructure platforms, noting that OpenAI and Anthropic filed confidential preparations for eventual public listings while SpaceX was set to IPO this month.

Benzinga also said public markets would force “a level of financial disclosure” that private funding rounds have largely obscured, and it described investors being able to assess how effectively leading AI companies convert compute expenditure into durable revenue.

TechCrunch described a “ripple effect” beyond the headline, with Kirsten Korosec pointing to startups raising money for orbital data centers after SpaceX helped to popularize the concept.

The Motley Fool argued that SpaceX’s $2 trillion valuation came with $18 billion in 2025 revenue and that most of its revenue last year came from its Starlink internet service, while it said SpaceX has signed deals with Anthropic and Alphabet worth $26 billion a year.

The Motley Fool also contrasted operating losses, saying SpaceX posted an operating loss of $2.6 billion last year while Anthropic is reportedly already profitable, and it cited Anthropic’s expected $10.9 billion in revenue this quarter.

Yellow said the three offerings could pull roughly $200 billion from public markets in 2026, while it also stated that SpaceX priced its IPO at a fixed $135 a share for 555.6 million shares and began trading on the Nasdaq under the ticker SPCX.