{"id":490728,"date":"2026-06-13T09:50:17","date_gmt":"2026-06-13T09:50:17","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/490728\/"},"modified":"2026-06-13T09:50:17","modified_gmt":"2026-06-13T09:50:17","slug":"spacexs-historic-ipo-opens-the-door-for-openai-and-anthropics-mega-listings","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/490728\/","title":{"rendered":"SpaceX\u2019s historic IPO opens the door for OpenAI and Anthropic\u2019s mega-listings"},"content":{"rendered":"\n

SpaceX\u2019<\/a>s record-breaking IPO avoided turbulence Friday, closing the day at $161.11 a share,19% above its initial offering price of $135.<\/p>\n

It closed at a market cap over $2 trillion and catapulted itself from one of the world\u2019s most valuable VC-backed companies into the sixth-largest public company in the US while minting its founder, Elon Musk, the world\u2019s first trillionaire. With a successful debut, the stage is now set for a procession of mega AI IPOs this year after markets gave enthusiastic support to the biggest public offering in history.<\/p>\n

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\u201cSpaceX cleared one of the important questions hanging over the entire AI pipeline, which was never appetite, but depth,\u201d said Harrison Rolfes, senior research analyst at PitchBook covering private companies.<\/p>\n

In February, Musk merged<\/a> xAI<\/a> with SpaceX, citing the need to build out AI infrastructure in space<\/a>\u2014and cementing SpaceX\u2019s profile as a major AI player. SpaceX\u2019s spending on xAI has ballooned<\/a>, with 2026 on track to far exceed last year\u2019s total. In 2025, xAI spent $12.7 billion on CapEx, more than the combined $8 billion SpaceX spent on its Starlink satellite internet service and rocket launch service. In Q1 2026, xAI spent $7.7 billion.<\/p>\n

\"\" <\/p>\n

But investors appear unfazed.<\/p>\n

SpaceX\u2019s stock price reached a high of $176 a share Friday\u201430% over its IPO price. \u201cDemand was the only question, and SpaceX just answered it,\u201d Rolfes said. \u201cIt\u2019s full steam ahead.\u201d<\/p>\n

Both OpenAI<\/a> and Anthropic<\/a> have announced that they\u2019ve confidentially filed<\/a> draft IPO documents with the SEC, though it remains unclear when they plan to pull the official trigger to go public.<\/p>\n

For VC investors in SpaceX, this moment also serves as a validation for the space industry.<\/p>\n

\u201cIt\u2019s from about 10 years ago, when the space industry was questioned on whether it was even investable, to now the biggest IPO in human history,\u201d said Steve Jorgenson, GP at Starbridge Venture Capital<\/a>, a space-focused firm that invested into SpaceX in 2022 through a fund-of-funds stake. \u201cWe\u2019ve been preaching this for over a decade.\u201d<\/p>\n

Jorgenson anticipates the SpaceX IPO will be a boon for the space-tech industry. He pointed to greater interest from LPs in other investment opportunities and also cited rising valuations in the industry. \u201cEveryone\u2019s tide has been going up on this one,\u201d he said.<\/p>\n

While the historic IPO is a chance for GPs to finally make sizable distributions to their LPs, not all from the latter group are eager to get out of SpaceX. According to Jorgenson, 97% of Starbridge\u2019s LPs requested their distributions in stock rather than cash.<\/p>\n","protected":false},"excerpt":{"rendered":"SpaceX\u2019s record-breaking IPO avoided turbulence Friday, closing the day at $161.11 a share,19% above its initial offering price…\n","protected":false},"author":2,"featured_media":490729,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[345,343,344,170370,85,222372,46,4688,125],"class_list":["post-490728","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-biggest-ipo","tag-il","tag-ipo-price","tag-israel","tag-spacex","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/490728","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=490728"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/490728\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/490729"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=490728"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=490728"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=490728"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}