Mega IPO Wave: SpaceX, OpenAI, and Anthropic Prepare for Public Debuts

After years of stagnation in the IPO market, major tech giants are moving to open their doors to public shareholders in a shift that could reshape global market liquidity. According to reports, SpaceX has filed for an IPO targeting a massive $1.75 trillion valuation and a capital raise of up to $75 billion. Additionally, AI leaders OpenAI and Anthropic have confidentially submitted registration statements to the SEC, with the combined capital raise from these firms and Stripe expected to exceed $160 billion.

These moves come amid significant momentum in the tech sector, as companies look to capitalize on investor appetite for AI and space technology. Compared to previous offerings, SpaceX's target valuation alone approaches historic levels; per market data, its proposed valuation exceeds the market capitalization of established giants like Alphabet. Experts suggest that this massive liquidity drain may force investors to rotate capital away from current mega-cap stocks to fund these new positions.

Traders should monitor the progress of these SEC filings, as the success of these IPOs depends heavily on broader market stability. Looking at the economic calendar, upcoming central bank commentary, such as Fed Barr’s speech on June 6, 2026, could influence market sentiment and financing costs. In the absence of public pricing for these private entities, liquidity levels in the Nasdaq 100 remain a key indicator of the market's capacity to absorb such large-scale offerings.