OpenAI, Anthropic and SpaceX will soon have a new boss to answer to: Wall Street.
ChatGPT maker OpenAI is the latest AI giant to announce plans to go public, coming after Anthropic said it confidentially filed for an IPO last week. SpaceX, which includes Elon Musk’s AI company xAI, is set to make its market debut on Friday. The three public offerings are expected to provide the closest look yet at the state of the AI market – and potentially rack up hundreds of billions of dollars in massive stock sales.
It also means their AI businesses, which are already approaching valuations in the trillion-dollar range, will be subject to more scrutiny than ever as Wall Street demands explosive growth every three months.
“Expectations that seem manageable in private markets can become relentless under the glare of public ownership,” Nigel Green, CEO of financial advisory firm deVere Group, said in an email to CNN.
ATTENDEES DURING THE APPLE WORLDWIDE DEVELOPERS CONFERENCE (WWDC) AT APPLE PARK CAMPUS IN CUPERTINO, CALIFORNIA, US, ON MONDAY, JUNE 8, 2026.
