This year, Wall Street is going to see three of the biggest IPOs of all time.
SpaceX broke records on Friday.
A huge headline today, the biggest IPO in history.
The closing bell SpaceX is now worth over $2 trillion.
That's worth a T.
Ananthropic and open AI are both set to go public at enormous valuations later this year.
Open AI, filing to go public about a week after its biggest competitor, Anthropic did the same thing.
Anthropic, the AI company behind Claude, has filed to go public,
setting it up to be one of the biggest initial public offerings in history.
Open AI has filed to go public in a blockbuster
IPO that could value the chat GPT creator at more than one trillion dollars.
By some measures, this is the biggest year ever for IPOs.
Our colleague Spencer Jacob writes an investing column.
As a matter of fact, Just the one for SpaceX exceeds
basically all of the IPOs that happened during the year 2000, just to give you some perspective.
So it's a lot of money being raised.
Is it happening now?
What's in the water in 2026?
What's happening is that we've reached or maybe even past peak excitement over AI.
A lot of real money is being sunk into this technology and a lot of hope is riding on it.