SpaceX SPCX
SpaceX completed a major IPO in 2026 and sits at the intersection of launch services, Starlink satellite internet, and f...
Recent AI-era IPOs.
Newly public companies riding the same AI wave that Anthropic and OpenAI will list into. A live read on how the market prices frontier-AI growth.
Why recent listings matter.
For most of the AI boom, the companies at the frontier were private. That is changing. Each new listing gives ordinary investors a first chance to own part of the AI build-out directly, and gives the market a public price for businesses that were valued only in private rounds before.
SpaceX is the largest so far. It priced its IPO on June 11, 2026 and began trading on Nasdaq as SPCX the next day. Through its 2026 acquisition of xAI it owns the Grok models and the X platform, and in August 2026 it completed a merger with Anysphere, the company behind the Cursor coding assistant. Its AI segment spends more on capital than its rocket and satellite businesses combined.
The pipeline.
CoreWeave opened the wave in March 2025 and now sits in our cloud category. Cerebras, which makes wafer-sized AI chips, listed on Nasdaq on May 14, 2026 after pricing well above its range, and SK Hynix added a Nasdaq listing in July 2026. Anthropic filed confidentially in June 2026 and is reported to be targeting a November 2026 listing; OpenAI filed the same month, but Sam Altman has ruled out going public in 2026. Private GPU clouds such as Nscale are preparing listings of their own, and Mistral AI has said an IPO is possible but not imminent.
Risks to weigh.
New listings often jump on the first day and then swing widely as the market finds a price, and the end of lockup periods, usually around six months after listing, can bring a wave of selling by early holders. Newly public companies also have a short public track record, and their prospectuses are the first time outsiders see audited numbers. A cluster of very large AI listings could also draw money away from existing AI stocks.