# Three IPOs set to generate record wealth amid historic tech boom > Source: > Published: 2026-06-14 04:05:27+00:00 # Three IPOs set to generate record wealth amid historic tech boom SpaceX, OpenAI, and Anthropic are poised to funnel unprecedented capital into remarkably few hands The dot-com era minted millionaires by the thousands. The current AI boom is taking a different approach: fewer companies, fewer people, significantly more zeros. SpaceX completed its IPO in mid-June 2026, raising $75 billion and landing a valuation of approximately $1.77 trillion. That makes it the largest company ever to go public. For context, that valuation exceeds the GDP of most countries and dwarfs every previous IPO in history by a comfortable margin. OpenAI and Anthropic are both preparing their own public offerings later this year, with expected valuations of around $852 billion and up to $965 billion respectively. The combined capital raised from all three could exceed $200 billion, a figure that approaches the $265 billion raised across the entire 1995-2000 dot-com boom. Except this time, it’s three companies instead of hundreds. ## The SpaceX mega-listing SpaceX’s path to the public markets came after its merger with xAI, Elon Musk’s artificial intelligence venture. The combined entity now spans rocket launches, satellite internet through Starlink, and AI infrastructure. Conventional index funds may need to rebalance their portfolios to accommodate a stock this massive. When a company worth nearly $2 trillion suddenly appears on the public markets, passive investment vehicles that track major indices don’t really have a choice. They buy. ## AI’s one-two punch: OpenAI and Anthropic OpenAI, the company behind ChatGPT, is eyeing a valuation around $852 billion. Anthropic, maker of Claude and a company that has positioned itself as the “safety-first” alternative in the AI race, could reach up to $965 billion. Analyst projections suggest these IPOs could create over 20 new billionaires drawn from the employee bases of these three companies alone. ## What this means for investors The wealth concentration here is the story that matters most. The late 1990s saw hundreds of companies go public, spreading equity ownership across tens of thousands of employees, founders, and early investors. This cycle is funneling comparable capital through a much narrower pipe. For the broader market, the injection of over $200 billion creates both opportunity and risk. Index fund managers face a mechanical challenge: these companies are so large at listing that they immediately become significant weights in any capitalization-weighted index. Corporate governance is another question mark. SpaceX has long operated with a structure that gives Musk outsized control. OpenAI famously restructured from a nonprofit to a for-profit entity. Anthropic has its own unusual corporate structure designed around AI safety commitments. All three companies are entering public markets with governance frameworks that don’t look like traditional public companies. OpenAI and Anthropic are still in the phase where spending vastly outpaces income, burning through billions in compute costs annually. At nearly $1 trillion valuations, the margin for error is essentially zero. **Disclosure:** This article was edited by Editorial Team. For more information on how we create and review content, see our [Editorial Policy](https://cryptobriefing.com/editorial-policy/).