2026 IPO Boom: Spacex, OpenAI and Anthropic

Summary

The video discusses Anthropic's confidential IPO filing with the SEC, signaling a potential post-Labor Day listing. It covers the race with OpenAI and SpaceX to go public, and the impact of fast-track index inclusion by Russell, Nasdaq, and potentially S&P 500. The discussion focuses on how passive index buying will absorb large portions of IPO floats, potentially smoothing aftermarket performance.

• Anthropic filed a confidential draft S-1 for IPO.
• IPO likely to occur after Labor Day with rapid SEC review.
• SpaceX, Anthropic, and OpenAI are racing to go public.
• Index providers are fast-tracking inclusion of large private companies.
• Russell and Nasdaq have already decided; S&P 500 decision expected by June 8th.
• Passive indices could buy up to 25% of the float in first six months.
• The high passive demand could support IPO aftermarket prices.
• Valuations of AI companies are a subject of debate.