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SpaceX Record $75B IPO Debut Clears Pricing Template for Anthropic ($960B) and OpenAI ($850B) Listings

openai anthropic ipo ai-business markets venture

Summary

SpaceX (SPCX) closed its Nasdaq debut up ~20% at $161 from a $135 IPO price, raising a record $75B in the largest IPO in market history and pushing market cap above $2T intraday. Analysts say the clean debut validates appetite for high-multiple AI-adjacent companies and sets a direct pricing benchmark for Anthropic and OpenAI, both of which filed confidential S-1s this month.