SpaceX recently completed the largest IPO ever, raising more than $85 billion and debuting at a ~$1.77 trillion valuation. Shares have since pulled back (a common post-IPO pattern, especially in volatile markets), but the raise was enormous.
xAI is part of that story because of the earlier integration. FEb 2026, SpaceX acquired xAI and the combined entity valued around $1.25 trillion at the time. xAI got fund raising from public markets and that massive capital raise through the SpaceX structure. A standalone IPO would have taken another year or more.
SpaceX Rental Deal Helps Anthropic to IPO
OpenAI is hitting the brakes on its IPO despite earlier plans for late 2026. Reasons cited include:Post-SpaceX IPO market choppiness and share performance.
Broader investor skepticism around sky-high AI valuations.
Desire for more clarity/stability before going public.
Sam Altman reportedly pushing for a $1 trillion IPO valuation. OpenAI last private raise at about ~$730 billion.
Anthropic is reportedly still on track for its own public debut, which could create a interesting contrast in how the major AI labs are approaching the public markets.
XAI SpaceX Merger got cash. Rental to Anthropic monetizes for XAI. XAI AI revenue is higher than Anthropic. SpaceX-XAI are profitable.
This is the high level AI game. Raising cash and getting the energy to build AI data centers faster.
OpenAI is leaning toward holding off its IPO until next year, people involved in the company’s deliberations said, a delay that highlights the unclear paths of A.I. titans. https://t.co/T5REJ7PL54
— The New York Times (@nytimes) June 25, 2026
Bold and fast moves are why SpaceX and Tesla should merge.
Speed of innovation. Speed to get the money to build ai data centers faster.
Data centers on Earth.
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.
