SpaceX Sets June 12 IPO Date as AI Giants Anthropic and OpenAI Eye $1 Trillion Valuations

TL;DR: SpaceX will launch its IPO on June 12, trading on Nasdaq as SPCX. Anthropic and OpenAI are each preparing offerings that could push their valuations toward $1 trillion.

Context: The U.S. IPO market has rebounded after a sluggish 2025. Recent debuts show strong investor appetite: Cerberus (CBRS) gained 14% on its first day, Blackstone Digital Infrastructure Trust (BXDC) rose 9%, and Fervo Energy (FRVO) climbed 11%. These gains follow a wave of infrastructure and technology listings that have lifted overall IPO proceeds.

Key Facts: SpaceX has filed to make its prospectus public as early as next Wednesday, with a roadshow set for June 4 and share pricing targeted for June 11. It will list under the ticker SPCX on Nasdaq. Anthropic is in talks to raise tens of billions this summer, a move that could value the company close to $1 trillion, while OpenAI is laying groundwork for an IPO that could value it at up to $1 trillion.

What It Means: An IPO roadshow lets underwriters gauge demand and set a final offer price; proceeds typically fund expansion, debt repayment, or acquisitions. If SpaceX prices at a $100 billion valuation, its market cap would rank among the top ten U.S. listings this year. AI firms' near-$1 trillion targets reflect expectations that generative AI services will generate multi-billion-dollar revenue streams, though actual earnings remain unproven at scale.

Watch next: The pricing of SpaceX shares on June 12, the size of Anthropic's fundraising round, and any formal filing from OpenAI will signal how quickly investors are willing to back high-valued tech offerings.