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The latest news and updates from companies in the WLTH portfolio.
The SpaceX IPO Could Spark a "Risk-On" Rally: Here Are 2 Stocks That Could Benefit
SpaceX is set to have its initial public offering (IPO) on June 12, and the company's public debut is set to be a big test for the market. The company recently announced it had lowered its target valuation by roughly $200 billion, but it is still planning to sell its first batch of stock at a price that would value the space tech specialist at roughly $1.77 trillion. If SpaceX stock falters and sees big sell-offs upon its public debut, it could have bearish ripples for the broader market in the near term. On the other hand, a strong start for SpaceX could be a sign that investors' appetite for growth stocks remains strong, triggering a renewed risk-on rally. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue " With that in mind, read on for a look at two stocks that could be big winners if a strong public debut for SpaceX helps support bullish momentum for the broader market. Image source: Getty Images. 1. Micron Micron (NASDAQ: MU) has been a huge winner over the last year and has emerged as a pivotal stock in the artificial intelligence (AI) trade, shaping the broader market. The company's share price is up 898% over the last 12 months, and some Wall Street analysts are betting that it will keep marching higher. For example, Susquehanna recently raised its one-year price target on Micron stock to $1,750 per share. The investment firm cited higher DRAM memory prices, up 50% to 60% on a quarter-over-quarter basis, as a key reason for its bullish valuation target. The firm also continues to expect NAND memory prices to be up between 75% and 100% on a sequential quarterly basis. Micron's status as a leading provider of high-bandwidth memory (HBM) chips and other memory solutions for AI processors and data center applications has driven incredible gains for the stock, and demand looks poised to remain strong for the foreseeable future. But Micron has become a lynchpin in influencing momentum for the broader market -- and also a company that typically sees moves in line with the broader market. If SpaceX's IPO proves a hit and the space-tech company's valuation surges after its public debut, it could foster broader bullish sentiment that sends Micron stock higher. Micron's long-term outlook isn't contingent on what happens with SpaceX's IPO, but the memory specialist's bull run this year could be extended by positive catalysts connected to the public debut of Elon Musk's space company. 2. Rocket Lab Like SpaceX, Rocket Lab (NASDAQ: RKLB) provides launching services that third parties can use to get satellites and other technologies into orbit. Rocket Lab is also moving into satellite production -- a move that further aligns it with SpaceX. The company has recently won a contract with the U.S. Space Force to produce, launch, and operate geostationary orbit (GEO) satellites. Even after a recent pullback, Rocket Lab's share price is up roughly 74% year to date as of this writing. Notably, the rocketry specialist's valuation contraction was heavily influenced by news related to SpaceX. While the launch pad explosion of a Blue Origin rocket that occurred on May 28 played a significant role in recent sell-offs for Rocket Lab stock, news surrounding SpaceX's upcoming IPO has also factored into the pullback. While SpaceX had potentially been targeting a valuation of $2 trillion for its IPO, the company has since lowered the price of its first stock offering to $135 per share -- a level that valued the company at $1.77 trillion. The space-tech company is still poised to be, by far, the biggest IPO in history, but its move to lower its stock price has had significant valuation ripple effects across the industry. As a result of the Blue Origin explosion and SpaceX's lowered IPO pricing, Rocket Lab stock is down roughly 20% from its lifetime high as of this writing. On the other hand, Rocket Lab still has a valuation that is highly dependent on growth. The company currently has a market capitalization of roughly $70 billion and is valued at 77 times this year's expected sales. If SpaceX stock sees strong gains following its IPO, there's a good chance that some other players in the space tech industry will see bullish momentum as well. In such a scenario, it's likely that Rocket Lab will see its share price move higher. Should you buy stock in Micron Technology right now? Before you buy stock in Micron Technology, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now... and Micron Technology wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $443,191!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,258,838!* Now, it's worth noting Stock Advisor's total average return is 941% -- a market-crushing outperformance compared to 211% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors. See the 10 stocks " *Stock Advisor returns as of June 6, 2026. Keith Noonan has positions in Micron Technology. The Motley Fool has positions in and recommends Micron Technology and Rocket Lab. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The SpaceX IPO Could Spark a "Risk-On" Rally: Here Are 2 Stocks That Could Benefit
SpaceX is set to have its initial public offering (IPO) on June 12, and the company's public debut is set to be a big test for the market. The company recently announced it had lowered its target valuation by roughly $200 billion, but it is still planning to sell its first batch of stock at a price that would value the space tech specialist at roughly $1.77 trillion. If SpaceX stock falters and sees big sell-offs upon its public debut, it could have bearish ripples for the broader market in the near term. On the other hand, a strong start for SpaceX could be a sign that investors' appetite for growth stocks remains strong, triggering a renewed risk-on rally. Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue " With that in mind, read on for a look at two stocks that could be big winners if a strong public debut for SpaceX helps support bullish momentum for the broader market. 1. Micron Micron (NASDAQ: MU) has been a huge winner over the last year and has emerged as a pivotal stock in the artificial intelligence (AI) trade, shaping the broader market. The company's share price is up 898% over the last 12 months, and some Wall Street analysts are betting that it will keep marching higher. For example, Susquehanna recently raised its one-year price target on Micron stock to $1,750 per share. The investment firm cited higher DRAM memory prices, up 50% to 60% on a quarter-over-quarter basis, as a key reason for its bullish valuation target. The firm also continues to expect NAND memory prices to be up between 75% and 100% on a sequential quarterly basis. Micron's status as a leading provider of high-bandwidth memory (HBM) chips and other memory solutions for AI processors and data center applications has driven incredible gains for the stock, and demand looks poised to remain strong for the foreseeable future. But Micron has become a lynchpin in influencing momentum for the broader market -- and also a company that typically sees moves in line with the broader market. If SpaceX's IPO proves a hit and the space-tech company's valuation surges after its public debut, it could foster broader bullish sentiment that sends Micron stock higher. Micron's long-term outlook isn't contingent on what happens with SpaceX's IPO, but the memory specialist's bull run this year could be extended by positive catalysts connected to the public debut of Elon Musk's space company.
The SpaceX IPO Could Spark a "Risk-On" Rally: Here Are 2 Stocks That Could Benefit
SpaceX is set to have its initial public offering (IPO) on June 12, and the company's public debut is set to be a big test for the market. The company recently announced it had lowered its target valuation by roughly $200 billion, but it is still planning to sell its first batch of stock at a price that would value the space tech specialist at roughly $1.77 trillion. If SpaceX stock falters and sees big sell-offs upon its public debut, it could have bearish ripples for the broader market in the near term. On the other hand, a strong start for SpaceX could be a sign that investors' appetite for growth stocks remains strong, triggering a renewed risk-on rally. With that in mind, read on for a look at two stocks that could be big winners if a strong public debut for SpaceX helps support bullish momentum for the broader market. 1. Micron Micron (MU 12.36%) has been a huge winner over the last year and has emerged as a pivotal stock in the artificial intelligence (AI) trade, shaping the broader market. The company's share price is up 898% over the last 12 months, and some Wall Street analysts are betting that it will keep marching higher. For example, Susquehanna recently raised its one-year price target on Micron stock to $1,750 per share. The investment firm cited higher DRAM memory prices, up 50% to 60% on a quarter-over-quarter basis, as a key reason for its bullish valuation target. The firm also continues to expect NAND memory prices to be up between 75% and 100% on a sequential quarterly basis. Micron's status as a leading provider of high-bandwidth memory (HBM) chips and other memory solutions for AI processors and data center applications has driven incredible gains for the stock, and demand looks poised to remain strong for the foreseeable future. But Micron has become a lynchpin in influencing momentum for the broader market -- and also a company that typically sees moves in line with the broader market. If SpaceX's IPO proves a hit and the space-tech company's valuation surges after its public debut, it could foster broader bullish sentiment that sends Micron stock higher. Micron's long-term outlook isn't contingent on what happens with SpaceX's IPO, but the memory specialist's bull run this year could be extended by positive catalysts connected to the public debut of Elon Musk's space company. 2. Rocket Lab Like SpaceX, Rocket Lab (RKLB 8.23%) provides launching services that third parties can use to get satellites and other technologies into orbit. Rocket Lab is also moving into satellite production -- a move that further aligns it with SpaceX. The company has recently won a contract with the U.S. Space Force to produce, launch, and operate geostationary orbit (GEO) satellites. Even after a recent pullback, Rocket Lab's share price is up roughly 74% year to date as of this writing. Notably, the rocketry specialist's valuation contraction was heavily influenced by news related to SpaceX. While the launch pad explosion of a Blue Origin rocket that occurred on May 28 played a significant role in recent sell-offs for Rocket Lab stock, news surrounding SpaceX's upcoming IPO has also factored into the pullback. While SpaceX had potentially been targeting a valuation of $2 trillion for its IPO, the company has since lowered the price of its first stock offering to $135 per share -- a level that valued the company at $1.77 trillion. The space-tech company is still poised to be, by far, the biggest IPO in history, but its move to lower its stock price has had significant valuation ripple effects across the industry. As a result of the Blue Origin explosion and SpaceX's lowered IPO pricing, Rocket Lab stock is down roughly 20% from its lifetime high as of this writing. On the other hand, Rocket Lab still has a valuation that is highly dependent on growth. The company currently has a market capitalization of roughly $70 billion and is valued at 77 times this year's expected sales. If SpaceX stock sees strong gains following its IPO, there's a good chance that some other players in the space tech industry will see bullish momentum as well. In such a scenario, it's likely that Rocket Lab will see its share price move higher.
SpaceX Sees 2x Investor Demand for Wall St Debut
SpaceX has drawn investor demand of about $150 billion for its IPO, about double the $75 billion it is seeking to raise, said two people familiar with the matter on Friday. An oversubscription rate of two times would be considered modest for most highly anticipated market flotations, but bankers and investors said that demand is impressive for the SpaceX offering since it is the largest IPO ever. The company remains in the early stages of the marketing process, sources cautioned. Investor demand is still subject to change before the IPO prices next week. The sources added that some large institutional investors tend to submit orders late in IPO processes, and that current subscription figures reflect indications of interest rather than final allocations, which will be set at pricing. The sources requested anonymity because the matter is confidential. SpaceX did not respond to a request for comment. Bloomberg reported on Friday that the IPO was oversubscribed. SpaceX is considering allocating as much as 30% of the deal to individual investors -- an unusually large retail tranche -- with offerings planned in the UK, Germany, Denmark, France, the Netherlands, Norway, Spain, Sweden and Switzerland. SpaceX launched a campaign this week to persuade investors that its IPO is a gateway to trillions of dollars in new markets being opened by its space-launch, internet-connection and AI businesses. "Lots of people will have to explain why they don't own it rather than justifying a decision to buy it," said a hedge fund manager. The roadshow presentation emphasised the uniqueness of SpaceX's rocket-launching business, which it said has accounted for the lion's share of mass lofted into orbit in the past three years, and the strength of the company's Starlink internet business. SpaceX also touted a $23 trillion market opportunity it says awaits its artificial intelligence offerings, adding it is the only company that can escape the limitations of earthbound businesses and use space to build AI compute capacity. US electricity generation and computer-capacity growth have lagged behind that of China, partly because of hurdles facing large projects in the US, according to SpaceX. The company said that shortfall can be remedied by putting data centres and other infrastructure in space using SpaceX launches. "By dramatically reducing the cost of access to space, we have been able to expand our mission to address some of the Earth's most pressing challenges, including bridging the digital divide by aiming to connect over three billion unconnected people to the internet and humanity's collective knowledge," SpaceX said. (This story has not been edited by economictimes.com and is auto-generated from a syndicated feed we subscribe to.)
Goldman Sachs' verdict on SpaceX's record-setting $1.8T IPO
Every record valuation is really a bet on a story that has not happened yet. The price tag is the easy part. A bank picks a number, prints it on a cover page, and the market decides whether the future behind it is worth believing. Most of the time, the story is boring. A software company grows 20% a year, the underwriters slap a familiar multiple on it, and nobody writes a philosophy essay about the cover page. Once in a while the story gets big enough that the number stops sounding like finance and starts sounding like science fiction. That is usually the moment retail investors find themselves on the outside, watching institutions carve up the good stuff while the rest of us read about it the next morning. This time is different, and not in the way that the phrase usually gets abused. The numbers are real. They just do not agree with each other. Space Exploration Technologies, better known as SpaceX (SPCX), is about to price the largest initial public offering in history, and for once, the company has saved a seat for ordinary buyers. The bank running the deal has also done something unusual. It has put its name behind a number so large that the only honest way to defend it is to bet on a business SpaceX did not even own a year ago. NurPhoto / Getty Images What Goldman Sachs is actually betting on Goldman Sachs (GS) is the lead banker on the offering, followed by Morgan Stanley (MS), Bank of America (BAC), Citigroup (C) and JPMorgan Chase (JPM), according to CNBC. The terms are blunt. SpaceX plans to sell 555.6 million Class A shares at a fixed $135 each, raising roughly $75 billion and valuing the company near $1.77 trillion. The raise is "more than triple the size of Alibaba's" record 2014 listing, according to CNBC. Sit with that valuation for a second. At $1.77 trillion, SpaceX would arrive on the public market worth more than every company in the S&P 500 except a small handful of megacaps, including Nvidia (NVDA) and Apple (AAPL), a milestone that was already drawing notice when the rocket maker first filed confidentially this spring. So how does a bank justify a number that large for a company still losing money? It changes the subject from rockets to artificial intelligence. Goldman projects that SpaceX's AI unit will grow revenue roughly 100 times over, from $3.2 billion to $322 billion by 2030, according to 24/7 Wall St. That single forecast is doing most of the heavy lifting. The case leans on a claim in SpaceX's own prospectus that the AI division addresses a $26.5 trillion market, dwarfing the roughly $2 trillion the filing assigns to Starlink and the launch business combined, per 24/7 Wall St. Strip away the AI math and the pitch is still formidable. One ticker buys the dominant satellite-internet business on the planet, a launch operation with deep government contracts, and what amounts to "a call option on xAI and Mars," according to Yahoo Finance. The bank is not selling a rocket company. It is selling the future, priced today. Why some valuation experts are not buying the SpaceX hype The trouble with selling the future is that other people get to check your math. New York University valuation expert Aswath Damodaran ran his own discounted cash flow analysis and pegged fair value closer to $1.22 trillion, about 30% below the target, according to Yahoo Finance. Morningstar's independent estimate came in even lower, at roughly $780 billion, Fortune reported. And the same prospectus carrying the $1.77 trillion ambition also disclosed a $4.28 billion net loss in the first quarter of 2026 alone, Yahoo Finance noted. When I put the three numbers side by side, the spread is the whole story. * The underwriters' target at $135 a share lands near $1.77 trillion, per CNBC. * Damodaran's discounted cash flow model put fair value around $1.22 trillion, according to Yahoo Finance. * Morningstar's independent estimate came in lowest, near $780 billion, Fortune reported. There is a governance wrinkle too. Even after selling $75 billion in stock, Musk keeps more than 82% of the voting power through super-voting shares, according to CNBC. Public shareholders are buying the upside and almost none of the control. How regular investors can get into the SpaceX IPO Here is the part that makes this deal personal. SpaceX set aside up to 30% of the offering for retail buyers, roughly three times the slice individuals usually get, Fidelity said. On a $75 billion raise, that is real money pointed at ordinary accounts rather than hedge funds. Brokerages moved fast to open the door. Fidelity is making the IPO available to "any customer with a retail brokerage account with $2,000 or more," Fidelity said, down from minimums that had run as high as $500,000 on past offerings. Charles Schwab (SCHW) is requiring at least $100,000 in assets, while Robinhood Markets (HOOD), SoFi Technologies (SOFI) and E*Trade set no minimum, Seeking Alpha reported. The mechanics are simple but unforgiving. You submit a nonbinding indication of interest, confirm it after the deal prices, then wait to see your allocation. Sell within the first 15 days and Fidelity tags you as a flipper, which triggers a six-month ban from future offerings, according to Yahoo Finance. Where my analysis lands before June 12 Understand what you are actually being asked to buy before that week. You are not valuing a rocket company. The fixed $135 price means there is no range to negotiate and no soft open where demand quietly sets the number. You either buy Goldman's bet on the AI unit or you wait for the public market to test it. My analysis is that the launch and Starlink businesses can support a serious valuation. They cannot support this one by themselves. Almost everything above roughly $1 trillion is the artificial intelligence story, and that story is a projection, not a track record. So watch the first week of trading. Watch whether the AI revenue ramp actually shows up in the quarters that follow. The cover page already told you what the bank believes. June 12 is when the rest of us get to decide whether we believe it too. The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc. This story was originally published June 6, 2026 at 6:13 PM.
Dogecoin Price Outlook: DOGE Slides Ahead of SpaceX IPO - TokenPost
Dogecoin (DOGE) continued its downward trend this week, falling 18% between June 1 and June 6 to trade around $0.082. The decline comes despite growing attention around SpaceX's highly anticipated IPO scheduled for June 12, an event that some investors expected would boost interest in the popular meme coin. DOGE briefly dropped to $0.07 on June 6, marking its lowest level since February 2024. The sell-off was largely driven by broader weakness across the cryptocurrency market after Bitcoin temporarily fell below $60,000 on June 5. The sharp decline in Bitcoin triggered fear among traders, leading to widespread selling pressure across major digital assets, including Dogecoin. The connection between Dogecoin and SpaceX dates back to 2021 when Elon Musk announced that a SpaceX moon mission would be funded using DOGE. Because of that association, some market participants anticipated that the upcoming SpaceX IPO could generate renewed demand for Dogecoin. However, recent price action suggests investors remain skeptical about the IPO's ability to spark a meaningful rally. Market data also points to declining trader confidence. Dogecoin open interest has fallen significantly from $6.01 billion in October 2025 to just $1.02 billion as of June 6, 2026. Over the last month alone, more than $700 million has left DOGE futures markets, highlighting reduced participation from speculative traders. Institutional demand appears weak as well. According to SoSoValue data, spot Dogecoin ETFs have recorded no inflows for three consecutive days since June 3. At the same time, sentiment toward meme coins has deteriorated after the total meme coin market capitalization dropped below $30 billion for the first time since January 2026. From a technical perspective, Dogecoin remains under bearish pressure. The 150-day simple moving average (SMA) is approaching a crossover below the 50-day SMA, a signal often viewed as negative for long-term price momentum. Meanwhile, the Relative Strength Index (RSI) sits at 19, indicating oversold conditions but also reflecting strong selling activity. If bearish momentum continues, DOGE could retest support near $0.06, a level last seen in 2023. On the upside, any recovery attempt may face resistance around the key psychological level of $0.10. Traders will closely monitor whether oversold conditions attract buyers or if broader market weakness pushes Dogecoin lower in the days following the SpaceX IPO.
Watch SpaceX's 17-minute IPO roadshow pitch to potential investors
* SpaceX shared a 17-minute investor pitch from CFO Bret Johnsen for its upcoming IPO. * Johnsen covers the company's rocket business, Starlink's successes, and growing AI spending. * Don't want to watch? Here are Johnsen's key points. SpaceX is hitting the road. Elon Musk's rocket company is in the middle of its IPO roadshow, with SpaceX shares expected to make their public market listing debut late next week. After filing its public S-1, which revealed SpaceX recorded a $4.9 billion loss in 2025 on $18.7 billion in revenue, the company is now making its pitch to investors in an effort to drum up interest. That includes a custom website and a pitch from its CFO, Bret Johnsen. SpaceX's pitch is 17 minutes and covers its products, financials, and vision for business on the moon. If don't want to watch the whole thing, here are the highlights: * Johnsen listed SpaceX's achievements. It was the first private company to successfully dock a spacecraft at the International Space Station, he said, and the first to propulsively land a rocket from space. * Reusability was Johnsen's keyword. "Rocket reuse" has driven down costs and upped launch cadence, he said. * Johnsen walked through SpaceX's "algorithm," the culture of innovation that includes tenets like optimizing and automating. * He pointed to Starlink, SpaceX's satellite constellation, as a key achievement. It can "deliver in many areas and in many cases where terrestrials just can't," he said. * Starlink has 10.3 million users and touts over 100% year-over-year growth, Johnsen said. He also shouted out its use by commercial airlines. * SpaceX acquired Musk's AI company, xAI. Johnsen emphasized the value of the AI business, saying that SpaceX owned "the full value chain." * He shouted out the Colossus 2 data center and said that orbital AI compute -- or data centers in space, an idea that has received skepticism -- would be the "clean energy solution." These data centers in space would address "some of the concerns related to AI data centers popping up," he said. (Indeed, the backlash is strong.) * Johnsen referenced SpaceX's deals with both Anthropic and Cursor. * Not long ago, Twitter was a publicly traded company. Then Musk bought it, renamed it X, brought it into xAI, and then brought xAI into SpaceX. Johnsen shouted out X as a source of "real-time data," though he did not reference its use as a social network. * Anyone who followed SpaceX's S-1 saw that massive estimated TAM, or total addressable market. Johnsen said that there is an "incredibly large total addressable market that we're going after" -- as in, over $28 trillion. * Like the S-1, some of Johnsen's pitches sounded like science fiction. He promised greater opportunity for "the lunar economy." * This year's Big Tech buzzword: capex. Tech companies are spending billions on AI computing -- and SpaceX is no different. Johnsen said SpaceX was "not alone" in its large expenditures, and said that the majority of its $21 billion investments last year was spent on AI. * Why does SpaceX think it will win? Johnsen laid out his key points: Orbital launches, satellites, AI models, X. The company has "extreme vertical integration," he said. * For those looking for harder numbers, the video includes an appendix of tables. If you enjoyed this story, be sure to follow Business Insider on Yahoo.
SpaceX sets stage for biggest IPO in history with Nasdaq debut
NEW YORK CITY, New York: SpaceX is preparing for what could become the largest initial public offering in history, a deal that may push founder Elon Musk's net worth beyond the $1 trillion mark. The space and satellite company said it plans to sell 555.6 million shares at $135 each in its upcoming stock market debut, raising up to $75 billion and valuing the company at approximately $1.77 trillion. If completed as planned, the offering would eclipse the $26 billion raised by Saudi Aramco in 2019, currently the world's largest IPO. At the proposed valuation, SpaceX would rank among the world's most valuable companies, with only a handful of firms currently worth more. The filing also highlights the degree of control Musk will retain after the company goes public. Through his ownership of 5.22 billion Class B shares, each carrying 10 votes, Musk would hold 82.4% of the company's voting power as chief executive officer, chief technical officer and chairman. According to Forbes, Musk's net worth currently stands at about $826 billion, including a SpaceX stake valued at $542 billion based on a previous company valuation of $1.25 trillion. A valuation of $1.77 trillion would significantly increase the value of those holdings and potentially make him the world's first trillionaire, though much of his wealth remains tied to stock. Despite the eye-popping valuation, SpaceX continues to post substantial losses. The company reported an operating loss of $2.6 billion last year on revenue of $18.7 billion, and losses continued during the opening months of this year. The company's IPO prospectus outlines ambitions that stretch far beyond its current rocket launches and satellite business. Among its long-term goals are returning humans to the moon and eventually establishing a permanent settlement on Mars. The document describes plans for "a permanent human colony" on the planet with "at least one million inhabitants" to help ensure humanity's survival against threats that could lead to "the same fate as the dinosaurs." Artificial intelligence also plays a central role in SpaceX's future plans. The company estimates AI-related opportunities could eventually generate as much as $26.5 trillion in revenue, though many of those projections depend on technologies that do not yet exist, including data centers operating in space. Analysts say AI will be critical not only to SpaceX but also to Musk's broader business empire. Dan Ives of Wedbush Securities said he expects Tesla and SpaceX to merge next year, creating a company heavily focused on artificial intelligence, robotics and autonomous systems. Not everyone is convinced that SpaceX will immediately emerge as a major AI player. IDC analyst Arnal Dayaratna said the company's AI offerings currently lag behind competitors. Its chatbot Grok is "less impressive than anything that we see from any other major player in the space, whether that's OpenAI, or Anthropic, or (Google's) Gemini," Dayaratna said. SpaceX plans to use proceeds from the IPO to expand AI infrastructure, grow its rocket business and strengthen the Starlink satellite network. The company expects to list on Nasdaq under the ticker symbol "SPCX" and could begin trading as early as next week. The offering is also expected to pave the way for anticipated public listings by AI companies Anthropic and OpenAI. "This listing represents the first major test for public markets after years of muted IPO activity with SpaceX paving the way for AI giants Anthropic and OpenAI to follow soon after," Ives wrote.
Anthropic's Valuation Just Hit $965 Billion. These 2 Magnificent AI Stocks Are the Real Winners
Anthropic just became the latest artificial intelligence (AI) giant to announce an upcoming initial public offering. The AI lab joins Cerebras Systems, which launched last month, and SpaceX, which is aiming for a June 12 market debut. Anthropic hasn't yet decided on a potential date or other specifics; instead, it started the process by filing confidentially with the Securities and Exchange Commission on June 1. In recent years, Anthropic has gained the attention of investors as it competes with OpenAI -- these players are the developers of popular AI assistants, Claude and ChatGPT, respectively. Both of these AI labs have expressed interest in launching IPOs in recent times after raising billions of dollars in funding. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue " And speaking of funding, Anthropic's valuation just hit $965 billion ahead of its market debut. This clearly is good news for the company -- but it's not the only winner. These two magnificent AI stocks may be the real winners. Image source: Getty Images. Anthropic's clues about growth So first, a quick note about Anthropic. As mentioned, it's the company behind Claude, coding assistant Claude Code, and other products. We have limited information about Anthropic's earnings since it isn't yet publicly traded, so it doesn't have to issue reports. But in recent times, the company has offered us some clues about its growth. Last month, Anthropic said it's seen ongoing growth in global enterprise adoption of Claude since its Series G funding round in February -- and its annual revenue run rate just hit $47 billion. In February, the run rate was $14 billion, and the company, at that time, said that three years prior, it hadn't yet earned $1 in revenue. Meanwhile, due to this growth in customers, Anthropic must invest in compute to support Claude and its development -- it's significantly increased capacity in recent weeks. All of this shows tremendous growth in a relatively short period of time, and it's not surprising that professional investors have rushed to get in on the story in the private market. Now, let's consider the two tech companies that may be significantly benefiting from Anthropic's soaring valuation -- and they are Amazon (NASDAQ: AMZN) and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL). For a few reasons. First, these companies are both investors in Anthropic, so they benefit as the company's value rises. Amazon in April said it was investing $5 billion in Anthropic right away, after having already invested $8 billion in the past. And the e-commerce and cloud computing services giant said it would invest as much as $20 billion in the future, depending on the achievement of commercial milestones. A $40 billion investment Alphabet recently said it plans to invest as much as $40 billion in Anthropic. Prior to this, Alphabet had invested about $3 billion and reportedly held a 14% stake in the company. That stake could be worth more than $100 billion today. Meanwhile, Anthropic is turning to Amazon and Alphabet for computing capacity -- for example, Anthropic recently committed to spending $100 billion on Amazon Web Services technologies over the coming 10 years. And both of these cloud service giants also offer access to Claude to their customers. So Amazon and Alphabet may benefit as Anthropic grows and invests more and more in compute -- and as customers flock to Claude. What does this mean for you as an investor? To gain exposure to Anthropic, you might participate in the upcoming IPO or buy the stock once it starts trading. But that isn't the only way to benefit from this exciting AI lab. You also might buy shares of Amazon and Alphabet, as they are likely to gain from Anthropic's progress in many ways, as I've mentioned above. This might be a particularly wise move for investors who seek a bit of security, considering Amazon and Alphabet both have a long history of earnings growth and very well-established businesses. At the same time, their participation in the Anthropic story could offer you exposure to a new wave of growth. Should you buy stock in Amazon right now? Before you buy stock in Amazon, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now... and Amazon wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $443,191!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,258,838!* Now, it's worth noting Stock Advisor's total average return is 941% -- a market-crushing outperformance compared to 211% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors. See the 10 stocks " *Stock Advisor returns as of June 6, 2026. Adria Cimino has positions in Amazon. The Motley Fool has positions in and recommends Alphabet and Amazon. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
What ASIC wants you to know about Elon Musk's SpaceX
Australia's first contribution to SpaceX is a 90-page document to temper investors' imaginations. The second contribution comes this week. SpaceX and its Australian lawyers Gilbert + Tobin went to ASIC for permission to sell its whopper $US75 billion IPO to Australian retail investors based on its US offer document, without modification, a few months ago. It was a big ask; never been done before - the capital markets lawyer's equivalent of putting 1 million people on Mars (one of Musk's performance hurdles at SpaceX, no joke). Australia has tougher IPO disclosure requirements to the US particularly for forward-looking statements and forecasts, intentionally designed to make it safer or easier for IPO investors.
Record SpaceX listing targets $75 billion raise and $1.77T value
If completed as planned, the offering would eclipse the $26 billion raised by Saudi Aramco in 2019, currently the world's largest IPO NEW YORK CITY, New York: SpaceX is preparing for what could become the largest initial public offering in history, a deal that may push founder Elon Musk's net worth beyond the $1 trillion mark. The space and satellite company said it plans to sell 555.6 million shares at $135 each in its upcoming stock market debut, raising up to $75 billion and valuing the company at approximately $1.77 trillion. If completed as planned, the offering would eclipse the $26 billion raised by Saudi Aramco in 2019, currently the world's largest IPO. At the proposed valuation, SpaceX would rank among the world's most valuable companies, with only a handful of firms currently worth more. The filing also highlights the degree of control Musk will retain after the company goes public. Through his ownership of 5.22 billion Class B shares, each carrying 10 votes, Musk would hold 82.4% of the company's voting power as chief executive officer, chief technical officer and chairman. According to Forbes, Musk's net worth currently stands at about $826 billion, including a SpaceX stake valued at $542 billion based on a previous company valuation of $1.25 trillion. A valuation of $1.77 trillion would significantly increase the value of those holdings and potentially make him the world's first trillionaire, though much of his wealth remains tied to stock. Despite the eye-popping valuation, SpaceX continues to post substantial losses. The company reported an operating loss of $2.6 billion last year on revenue of $18.7 billion, and losses continued during the opening months of this year. The company's IPO prospectus outlines ambitions that stretch far beyond its current rocket launches and satellite business. Among its long-term goals are returning humans to the moon and eventually establishing a permanent settlement on Mars. The document describes plans for "a permanent human colony" on the planet with "at least one million inhabitants" to help ensure humanity's survival against threats that could lead to "the same fate as the dinosaurs." Artificial intelligence also plays a central role in SpaceX's future plans. The company estimates AI-related opportunities could eventually generate as much as $26.5 trillion in revenue, though many of those projections depend on technologies that do not yet exist, including data centers operating in space. Analysts say AI will be critical not only to SpaceX but also to Musk's broader business empire. Dan Ives of Wedbush Securities said he expects Tesla and SpaceX to merge next year, creating a company heavily focused on artificial intelligence, robotics and autonomous systems. Not everyone is convinced that SpaceX will immediately emerge as a major AI player. IDC analyst Arnal Dayaratna said the company's AI offerings currently lag behind competitors. Its chatbot Grok is "less impressive than anything that we see from any other major player in the space, whether that's OpenAI, or Anthropic, or (Google's) Gemini," Dayaratna said. SpaceX plans to use proceeds from the IPO to expand AI infrastructure, grow its rocket business and strengthen the Starlink satellite network. The company expects to list on Nasdaq under the ticker symbol "SPCX" and could begin trading as early as next week. The offering is also expected to pave the way for anticipated public listings by AI companies Anthropic and OpenAI. "This listing represents the first major test for public markets after years of muted IPO activity with SpaceX paving the way for AI giants Anthropic and OpenAI to follow soon after," Ives wrote.
Record SpaceX listing targets $75 billion raise and $1.77T value
If completed as planned, the offering would eclipse the $26 billion raised by Saudi Aramco in 2019, currently the world's largest IPO NEW YORK CITY, New York: SpaceX is preparing for what could become the largest initial public offering in history, a deal that may push founder Elon Musk's net worth beyond the $1 trillion mark. The space and satellite company said it plans to sell 555.6 million shares at $135 each in its upcoming stock market debut, raising up to $75 billion and valuing the company at approximately $1.77 trillion. If completed as planned, the offering would eclipse the $26 billion raised by Saudi Aramco in 2019, currently the world's largest IPO. At the proposed valuation, SpaceX would rank among the world's most valuable companies, with only a handful of firms currently worth more. The filing also highlights the degree of control Musk will retain after the company goes public. Through his ownership of 5.22 billion Class B shares, each carrying 10 votes, Musk would hold 82.4% of the company's voting power as chief executive officer, chief technical officer and chairman. According to Forbes, Musk's net worth currently stands at about $826 billion, including a SpaceX stake valued at $542 billion based on a previous company valuation of $1.25 trillion. A valuation of $1.77 trillion would significantly increase the value of those holdings and potentially make him the world's first trillionaire, though much of his wealth remains tied to stock. Despite the eye-popping valuation, SpaceX continues to post substantial losses. The company reported an operating loss of $2.6 billion last year on revenue of $18.7 billion, and losses continued during the opening months of this year. The company's IPO prospectus outlines ambitions that stretch far beyond its current rocket launches and satellite business. Among its long-term goals are returning humans to the moon and eventually establishing a permanent settlement on Mars. The document describes plans for "a permanent human colony" on the planet with "at least one million inhabitants" to help ensure humanity's survival against threats that could lead to "the same fate as the dinosaurs." Artificial intelligence also plays a central role in SpaceX's future plans. The company estimates AI-related opportunities could eventually generate as much as $26.5 trillion in revenue, though many of those projections depend on technologies that do not yet exist, including data centers operating in space. Analysts say AI will be critical not only to SpaceX but also to Musk's broader business empire. Dan Ives of Wedbush Securities said he expects Tesla and SpaceX to merge next year, creating a company heavily focused on artificial intelligence, robotics and autonomous systems. Not everyone is convinced that SpaceX will immediately emerge as a major AI player. IDC analyst Arnal Dayaratna said the company's AI offerings currently lag behind competitors. Its chatbot Grok is "less impressive than anything that we see from any other major player in the space, whether that's OpenAI, or Anthropic, or (Google's) Gemini," Dayaratna said. SpaceX plans to use proceeds from the IPO to expand AI infrastructure, grow its rocket business and strengthen the Starlink satellite network. The company expects to list on Nasdaq under the ticker symbol "SPCX" and could begin trading as early as next week. The offering is also expected to pave the way for anticipated public listings by AI companies Anthropic and OpenAI. "This listing represents the first major test for public markets after years of muted IPO activity with SpaceX paving the way for AI giants Anthropic and OpenAI to follow soon after," Ives wrote.
SpaceX sets stage for biggest IPO in history with Nasdaq debut
NEW YORK CITY, New York: SpaceX is preparing for what could become the largest initial public offering in history, a deal that may push founder Elon Musk's net worth beyond the $1 trillion mark. The space and satellite company said it plans to sell 555.6 million shares at $135 each in its upcoming stock market debut, raising up to $75 billion and valuing the company at approximately $1.77 trillion. If completed as planned, the offering would eclipse the $26 billion raised by Saudi Aramco in 2019, currently the world's largest IPO. At the proposed valuation, SpaceX would rank among the world's most valuable companies, with only a handful of firms currently worth more. The filing also highlights the degree of control Musk will retain after the company goes public. Through his ownership of 5.22 billion Class B shares, each carrying 10 votes, Musk would hold 82.4% of the company's voting power as chief executive officer, chief technical officer and chairman. According to Forbes, Musk's net worth currently stands at about $826 billion, including a SpaceX stake valued at $542 billion based on a previous company valuation of $1.25 trillion. A valuation of $1.77 trillion would significantly increase the value of those holdings and potentially make him the world's first trillionaire, though much of his wealth remains tied to stock. Despite the eye-popping valuation, SpaceX continues to post substantial losses. The company reported an operating loss of $2.6 billion last year on revenue of $18.7 billion, and losses continued during the opening months of this year. The company's IPO prospectus outlines ambitions that stretch far beyond its current rocket launches and satellite business. Among its long-term goals are returning humans to the moon and eventually establishing a permanent settlement on Mars. The document describes plans for "a permanent human colony" on the planet with "at least one million inhabitants" to help ensure humanity's survival against threats that could lead to "the same fate as the dinosaurs." Artificial intelligence also plays a central role in SpaceX's future plans. The company estimates AI-related opportunities could eventually generate as much as $26.5 trillion in revenue, though many of those projections depend on technologies that do not yet exist, including data centers operating in space. Analysts say AI will be critical not only to SpaceX but also to Musk's broader business empire. Dan Ives of Wedbush Securities said he expects Tesla and SpaceX to merge next year, creating a company heavily focused on artificial intelligence, robotics and autonomous systems. Not everyone is convinced that SpaceX will immediately emerge as a major AI player. IDC analyst Arnal Dayaratna said the company's AI offerings currently lag behind competitors. Its chatbot Grok is "less impressive than anything that we see from any other major player in the space, whether that's OpenAI, or Anthropic, or (Google's) Gemini," Dayaratna said. SpaceX plans to use proceeds from the IPO to expand AI infrastructure, grow its rocket business and strengthen the Starlink satellite network. The company expects to list on Nasdaq under the ticker symbol "SPCX" and could begin trading as early as next week. The offering is also expected to pave the way for anticipated public listings by AI companies Anthropic and OpenAI. "This listing represents the first major test for public markets after years of muted IPO activity with SpaceX paving the way for AI giants Anthropic and OpenAI to follow soon after," Ives wrote.
Record SpaceX listing targets $75 billion raise and $1.77T value
If completed as planned, the offering would eclipse the $26 billion raised by Saudi Aramco in 2019, currently the world's largest IPO NEW YORK CITY, New York: SpaceX is preparing for what could become the largest initial public offering in history, a deal that may push founder Elon Musk's net worth beyond the $1 trillion mark. The space and satellite company said it plans to sell 555.6 million shares at $135 each in its upcoming stock market debut, raising up to $75 billion and valuing the company at approximately $1.77 trillion. If completed as planned, the offering would eclipse the $26 billion raised by Saudi Aramco in 2019, currently the world's largest IPO. At the proposed valuation, SpaceX would rank among the world's most valuable companies, with only a handful of firms currently worth more. The filing also highlights the degree of control Musk will retain after the company goes public. Through his ownership of 5.22 billion Class B shares, each carrying 10 votes, Musk would hold 82.4% of the company's voting power as chief executive officer, chief technical officer and chairman. According to Forbes, Musk's net worth currently stands at about $826 billion, including a SpaceX stake valued at $542 billion based on a previous company valuation of $1.25 trillion. A valuation of $1.77 trillion would significantly increase the value of those holdings and potentially make him the world's first trillionaire, though much of his wealth remains tied to stock. Despite the eye-popping valuation, SpaceX continues to post substantial losses. The company reported an operating loss of $2.6 billion last year on revenue of $18.7 billion, and losses continued during the opening months of this year. The company's IPO prospectus outlines ambitions that stretch far beyond its current rocket launches and satellite business. Among its long-term goals are returning humans to the moon and eventually establishing a permanent settlement on Mars. The document describes plans for "a permanent human colony" on the planet with "at least one million inhabitants" to help ensure humanity's survival against threats that could lead to "the same fate as the dinosaurs." Artificial intelligence also plays a central role in SpaceX's future plans. The company estimates AI-related opportunities could eventually generate as much as $26.5 trillion in revenue, though many of those projections depend on technologies that do not yet exist, including data centers operating in space. Analysts say AI will be critical not only to SpaceX but also to Musk's broader business empire. Dan Ives of Wedbush Securities said he expects Tesla and SpaceX to merge next year, creating a company heavily focused on artificial intelligence, robotics and autonomous systems. Not everyone is convinced that SpaceX will immediately emerge as a major AI player. IDC analyst Arnal Dayaratna said the company's AI offerings currently lag behind competitors. Its chatbot Grok is "less impressive than anything that we see from any other major player in the space, whether that's OpenAI, or Anthropic, or (Google's) Gemini," Dayaratna said. SpaceX plans to use proceeds from the IPO to expand AI infrastructure, grow its rocket business and strengthen the Starlink satellite network. The company expects to list on Nasdaq under the ticker symbol "SPCX" and could begin trading as early as next week. The offering is also expected to pave the way for anticipated public listings by AI companies Anthropic and OpenAI. "This listing represents the first major test for public markets after years of muted IPO activity with SpaceX paving the way for AI giants Anthropic and OpenAI to follow soon after," Ives wrote.
SpaceX sets stage for biggest IPO in history with Nasdaq debut
NEW YORK CITY, New York: SpaceX is preparing for what could become the largest initial public offering in history, a deal that may push founder Elon Musk's net worth beyond the $1 trillion mark. The space and satellite company said it plans to sell 555.6 million shares at $135 each in its upcoming stock market debut, raising up to $75 billion and valuing the company at approximately $1.77 trillion. If completed as planned, the offering would eclipse the $26 billion raised by Saudi Aramco in 2019, currently the world's largest IPO. At the proposed valuation, SpaceX would rank among the world's most valuable companies, with only a handful of firms currently worth more. The filing also highlights the degree of control Musk will retain after the company goes public. Through his ownership of 5.22 billion Class B shares, each carrying 10 votes, Musk would hold 82.4% of the company's voting power as chief executive officer, chief technical officer and chairman. According to Forbes, Musk's net worth currently stands at about $826 billion, including a SpaceX stake valued at $542 billion based on a previous company valuation of $1.25 trillion. A valuation of $1.77 trillion would significantly increase the value of those holdings and potentially make him the world's first trillionaire, though much of his wealth remains tied to stock. Despite the eye-popping valuation, SpaceX continues to post substantial losses. The company reported an operating loss of $2.6 billion last year on revenue of $18.7 billion, and losses continued during the opening months of this year. The company's IPO prospectus outlines ambitions that stretch far beyond its current rocket launches and satellite business. Among its long-term goals are returning humans to the moon and eventually establishing a permanent settlement on Mars. The document describes plans for "a permanent human colony" on the planet with "at least one million inhabitants" to help ensure humanity's survival against threats that could lead to "the same fate as the dinosaurs." Artificial intelligence also plays a central role in SpaceX's future plans. The company estimates AI-related opportunities could eventually generate as much as $26.5 trillion in revenue, though many of those projections depend on technologies that do not yet exist, including data centers operating in space. Analysts say AI will be critical not only to SpaceX but also to Musk's broader business empire. Dan Ives of Wedbush Securities said he expects Tesla and SpaceX to merge next year, creating a company heavily focused on artificial intelligence, robotics and autonomous systems. Not everyone is convinced that SpaceX will immediately emerge as a major AI player. IDC analyst Arnal Dayaratna said the company's AI offerings currently lag behind competitors. Its chatbot Grok is "less impressive than anything that we see from any other major player in the space, whether that's OpenAI, or Anthropic, or (Google's) Gemini," Dayaratna said. SpaceX plans to use proceeds from the IPO to expand AI infrastructure, grow its rocket business and strengthen the Starlink satellite network. The company expects to list on Nasdaq under the ticker symbol "SPCX" and could begin trading as early as next week. The offering is also expected to pave the way for anticipated public listings by AI companies Anthropic and OpenAI. "This listing represents the first major test for public markets after years of muted IPO activity with SpaceX paving the way for AI giants Anthropic and OpenAI to follow soon after," Ives wrote.
Record SpaceX listing targets $75 billion raise and $1.77T value
If completed as planned, the offering would eclipse the $26 billion raised by Saudi Aramco in 2019, currently the world's largest IPO NEW YORK CITY, New York: SpaceX is preparing for what could become the largest initial public offering in history, a deal that may push founder Elon Musk's net worth beyond the $1 trillion mark. The space and satellite company said it plans to sell 555.6 million shares at $135 each in its upcoming stock market debut, raising up to $75 billion and valuing the company at approximately $1.77 trillion. If completed as planned, the offering would eclipse the $26 billion raised by Saudi Aramco in 2019, currently the world's largest IPO. At the proposed valuation, SpaceX would rank among the world's most valuable companies, with only a handful of firms currently worth more. The filing also highlights the degree of control Musk will retain after the company goes public. Through his ownership of 5.22 billion Class B shares, each carrying 10 votes, Musk would hold 82.4% of the company's voting power as chief executive officer, chief technical officer and chairman. According to Forbes, Musk's net worth currently stands at about $826 billion, including a SpaceX stake valued at $542 billion based on a previous company valuation of $1.25 trillion. A valuation of $1.77 trillion would significantly increase the value of those holdings and potentially make him the world's first trillionaire, though much of his wealth remains tied to stock. Despite the eye-popping valuation, SpaceX continues to post substantial losses. The company reported an operating loss of $2.6 billion last year on revenue of $18.7 billion, and losses continued during the opening months of this year. The company's IPO prospectus outlines ambitions that stretch far beyond its current rocket launches and satellite business. Among its long-term goals are returning humans to the moon and eventually establishing a permanent settlement on Mars. The document describes plans for "a permanent human colony" on the planet with "at least one million inhabitants" to help ensure humanity's survival against threats that could lead to "the same fate as the dinosaurs." Artificial intelligence also plays a central role in SpaceX's future plans. The company estimates AI-related opportunities could eventually generate as much as $26.5 trillion in revenue, though many of those projections depend on technologies that do not yet exist, including data centers operating in space. Analysts say AI will be critical not only to SpaceX but also to Musk's broader business empire. Dan Ives of Wedbush Securities said he expects Tesla and SpaceX to merge next year, creating a company heavily focused on artificial intelligence, robotics and autonomous systems. Not everyone is convinced that SpaceX will immediately emerge as a major AI player. IDC analyst Arnal Dayaratna said the company's AI offerings currently lag behind competitors. Its chatbot Grok is "less impressive than anything that we see from any other major player in the space, whether that's OpenAI, or Anthropic, or (Google's) Gemini," Dayaratna said. SpaceX plans to use proceeds from the IPO to expand AI infrastructure, grow its rocket business and strengthen the Starlink satellite network. The company expects to list on Nasdaq under the ticker symbol "SPCX" and could begin trading as early as next week. The offering is also expected to pave the way for anticipated public listings by AI companies Anthropic and OpenAI. "This listing represents the first major test for public markets after years of muted IPO activity with SpaceX paving the way for AI giants Anthropic and OpenAI to follow soon after," Ives wrote.
Record SpaceX listing targets $75 billion raise and $1.77T value
If completed as planned, the offering would eclipse the $26 billion raised by Saudi Aramco in 2019, currently the world's largest IPO NEW YORK CITY, New York: SpaceX is preparing for what could become the largest initial public offering in history, a deal that may push founder Elon Musk's net worth beyond the $1 trillion mark. The space and satellite company said it plans to sell 555.6 million shares at $135 each in its upcoming stock market debut, raising up to $75 billion and valuing the company at approximately $1.77 trillion. If completed as planned, the offering would eclipse the $26 billion raised by Saudi Aramco in 2019, currently the world's largest IPO. At the proposed valuation, SpaceX would rank among the world's most valuable companies, with only a handful of firms currently worth more. The filing also highlights the degree of control Musk will retain after the company goes public. Through his ownership of 5.22 billion Class B shares, each carrying 10 votes, Musk would hold 82.4% of the company's voting power as chief executive officer, chief technical officer and chairman. According to Forbes, Musk's net worth currently stands at about $826 billion, including a SpaceX stake valued at $542 billion based on a previous company valuation of $1.25 trillion. A valuation of $1.77 trillion would significantly increase the value of those holdings and potentially make him the world's first trillionaire, though much of his wealth remains tied to stock. Despite the eye-popping valuation, SpaceX continues to post substantial losses. The company reported an operating loss of $2.6 billion last year on revenue of $18.7 billion, and losses continued during the opening months of this year. The company's IPO prospectus outlines ambitions that stretch far beyond its current rocket launches and satellite business. Among its long-term goals are returning humans to the moon and eventually establishing a permanent settlement on Mars. The document describes plans for "a permanent human colony" on the planet with "at least one million inhabitants" to help ensure humanity's survival against threats that could lead to "the same fate as the dinosaurs." Artificial intelligence also plays a central role in SpaceX's future plans. The company estimates AI-related opportunities could eventually generate as much as $26.5 trillion in revenue, though many of those projections depend on technologies that do not yet exist, including data centers operating in space. Analysts say AI will be critical not only to SpaceX but also to Musk's broader business empire. Dan Ives of Wedbush Securities said he expects Tesla and SpaceX to merge next year, creating a company heavily focused on artificial intelligence, robotics and autonomous systems. Not everyone is convinced that SpaceX will immediately emerge as a major AI player. IDC analyst Arnal Dayaratna said the company's AI offerings currently lag behind competitors. Its chatbot Grok is "less impressive than anything that we see from any other major player in the space, whether that's OpenAI, or Anthropic, or (Google's) Gemini," Dayaratna said. SpaceX plans to use proceeds from the IPO to expand AI infrastructure, grow its rocket business and strengthen the Starlink satellite network. The company expects to list on Nasdaq under the ticker symbol "SPCX" and could begin trading as early as next week. The offering is also expected to pave the way for anticipated public listings by AI companies Anthropic and OpenAI. "This listing represents the first major test for public markets after years of muted IPO activity with SpaceX paving the way for AI giants Anthropic and OpenAI to follow soon after," Ives wrote.
Anthropic and White House ease tensions ahead of potential $1 trillion IPO
After being blacklisted as a national security risk, the AI company and Trump administration are finding common ground just as Anthropic prepares for one of the largest public offerings in history. Getting blacklisted by the federal government is generally not the kind of pre-IPO momentum a company hopes for. But Anthropic, the AI company behind Claude, appears to be turning what could have been a deal-killer into a diplomatic reset. The White House and Anthropic are actively working to de-escalate a standoff that erupted earlier this year, when the company refused to let the US military deploy its AI models for domestic surveillance or fully autonomous weapons systems. The government's response was swift: it classified Anthropic as a national security supply-chain risk. Now, with a confidential IPO filing reportedly submitted around June 1, 2026, and a potential valuation reaching $1 trillion, both sides have strong incentives to play nice. How we got here The rift between Anthropic and the Trump administration traces back to a fundamental disagreement about what AI should and shouldn't do. Anthropic drew a hard line against allowing Claude to be used in certain military applications, specifically domestic surveillance and autonomous weaponry. Washington's response was to designate Anthropic a supply-chain risk earlier in 2026, making it harder for federal agencies and their contractors to do business with the company. The turning point came in mid-April 2026, when CEO Dario Amodei made a visit to the White House. That meeting appears to have opened a channel for productive dialogue after months of tension. Since then, Anthropic's leadership has been in heightened discussions with multiple government agencies, including the White House and the Department of the Treasury. Anthropic hasn't rolled over, though. The company is simultaneously challenging its blacklisting through legal channels, contesting the supply-chain risk designation in court. The IPO that could reshape AI markets The confidential IPO filing, projected for around June 1, 2026, targets a valuation as high as $1 trillion. Anthropic's path to public markets also puts it in a cohort with other massive private tech companies like OpenAI and SpaceX, both of which have been navigating their own complex relationships with regulators and government agencies. What this means for investors The supply-chain risk designation is worth watching closely. Even as diplomatic channels improve, the legal challenge is still active. Investors should pay attention to whether the designation gets formally lifted before the IPO or whether Anthropic goes public while still technically on the blacklist. The risk that deserves attention is what happens if the détente doesn't hold. Anthropic's IPO prospectus will almost certainly flag regulatory risk as a material concern, and for a company seeking a trillion-dollar valuation, how investors price that risk carries implications measured in hundreds of billions of dollars.
Anthropic's Valuation Just Hit $965 Billion. These 2 Magnificent AI Stocks Are the Real Winners
Anthropic just became the latest artificial intelligence (AI) giant to announce an upcoming initial public offering. The AI lab joins Cerebras Systems, which launched last month, and SpaceX, which is aiming for a June 12 market debut. Anthropic hasn't yet decided on a potential date or other specifics; instead, it started the process by filing confidentially with the Securities and Exchange Commission on June 1. In recent years, Anthropic has gained the attention of investors as it competes with OpenAI -- these players are the developers of popular AI assistants, Claude and ChatGPT, respectively. Both of these AI labs have expressed interest in launching IPOs in recent times after raising billions of dollars in funding. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue " And speaking of funding, Anthropic's valuation just hit $965 billion ahead of its market debut. This clearly is good news for the company -- but it's not the only winner. These two magnificent AI stocks may be the real winners. Anthropic's clues about growth So first, a quick note about Anthropic. As mentioned, it's the company behind Claude, coding assistant Claude Code, and other products. We have limited information about Anthropic's earnings since it isn't yet publicly traded, so it doesn't have to issue reports. But in recent times, the company has offered us some clues about its growth. Last month, Anthropic said it's seen ongoing growth in global enterprise adoption of Claude since its Series G funding round in February -- and its annual revenue run rate just hit $47 billion. In February, the run rate was $14 billion, and the company, at that time, said that three years prior, it hadn't yet earned $1 in revenue. Meanwhile, due to this growth in customers, Anthropic must invest in compute to support Claude and its development -- it's significantly increased capacity in recent weeks. All of this shows tremendous growth in a relatively short period of time, and it's not surprising that professional investors have rushed to get in on the story in the private market. Now, let's consider the two tech companies that may be significantly benefiting from Anthropic's soaring valuation -- and they are Amazon (NASDAQ: AMZN) and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL). For a few reasons. First, these companies are both investors in Anthropic, so they benefit as the company's value rises. Amazon in April said it was investing $5 billion in Anthropic right away, after having already invested $8 billion in the past. And the e-commerce and cloud computing services giant said it would invest as much as $20 billion in the future, depending on the achievement of commercial milestones.
Record SpaceX listing targets $75 billion raise and $1.77T value
If completed as planned, the offering would eclipse the $26 billion raised by Saudi Aramco in 2019, currently the world's largest IPO NEW YORK CITY, New York: SpaceX is preparing for what could become the largest initial public offering in history, a deal that may push founder Elon Musk's net worth beyond the $1 trillion mark. The space and satellite company said it plans to sell 555.6 million shares at $135 each in its upcoming stock market debut, raising up to $75 billion and valuing the company at approximately $1.77 trillion. If completed as planned, the offering would eclipse the $26 billion raised by Saudi Aramco in 2019, currently the world's largest IPO. At the proposed valuation, SpaceX would rank among the world's most valuable companies, with only a handful of firms currently worth more. The filing also highlights the degree of control Musk will retain after the company goes public. Through his ownership of 5.22 billion Class B shares, each carrying 10 votes, Musk would hold 82.4% of the company's voting power as chief executive officer, chief technical officer and chairman. According to Forbes, Musk's net worth currently stands at about $826 billion, including a SpaceX stake valued at $542 billion based on a previous company valuation of $1.25 trillion. A valuation of $1.77 trillion would significantly increase the value of those holdings and potentially make him the world's first trillionaire, though much of his wealth remains tied to stock. Despite the eye-popping valuation, SpaceX continues to post substantial losses. The company reported an operating loss of $2.6 billion last year on revenue of $18.7 billion, and losses continued during the opening months of this year. The company's IPO prospectus outlines ambitions that stretch far beyond its current rocket launches and satellite business. Among its long-term goals are returning humans to the moon and eventually establishing a permanent settlement on Mars. The document describes plans for "a permanent human colony" on the planet with "at least one million inhabitants" to help ensure humanity's survival against threats that could lead to "the same fate as the dinosaurs." Artificial intelligence also plays a central role in SpaceX's future plans. The company estimates AI-related opportunities could eventually generate as much as $26.5 trillion in revenue, though many of those projections depend on technologies that do not yet exist, including data centers operating in space. Analysts say AI will be critical not only to SpaceX but also to Musk's broader business empire. Dan Ives of Wedbush Securities said he expects Tesla and SpaceX to merge next year, creating a company heavily focused on artificial intelligence, robotics and autonomous systems. Not everyone is convinced that SpaceX will immediately emerge as a major AI player. IDC analyst Arnal Dayaratna said the company's AI offerings currently lag behind competitors. Its chatbot Grok is "less impressive than anything that we see from any other major player in the space, whether that's OpenAI, or Anthropic, or (Google's) Gemini," Dayaratna said. SpaceX plans to use proceeds from the IPO to expand AI infrastructure, grow its rocket business and strengthen the Starlink satellite network. The company expects to list on Nasdaq under the ticker symbol "SPCX" and could begin trading as early as next week. The offering is also expected to pave the way for anticipated public listings by AI companies Anthropic and OpenAI. "This listing represents the first major test for public markets after years of muted IPO activity with SpaceX paving the way for AI giants Anthropic and OpenAI to follow soon after," Ives wrote.