Wall Street just woke up from a long nap. After years of watching the IPO market gather dust, three of the most consequential technology companies on the planet are racing to go public in what’s shaping up to be the most significant cluster of stock offerings in recent memory.
SpaceX led the charge on June 12, 2026, completing what’s being described as the largest IPO in history. The company raised $75 billion by pricing shares at $135, giving it an initial valuation of roughly $1.75 trillion. Speculative valuations quickly pushed above $2 trillion once trading commenced.
The AI giants are right behind
OpenAI filed confidentially for its IPO on June 8, 2026, reportedly targeting a valuation of up to $1 trillion. Anthropic, its chief rival in the AI race, actually beat it to the punch by filing its own confidential IPO paperwork on June 1, 2026. Anthropic’s most recent private valuation sat at $965 billion as of May 2026.
The combined potential market impact of these three offerings is projected to hit the trillions. Market participants are already preparing for significant trading volumes driven by upcoming index rebalancing, which happens when companies this large enter public markets and force index funds to buy massive quantities of shares to maintain their tracking.
