You Might Soon Own a Piece of SpaceX
SpaceX is preparing for a massive IPO that could make Elon Musk the world's first trillionaire, with Anthropic and OpenAI expected to follow. These companies are seeking high valuations based on future AI infrastructure potential despite current lack of profitability.
Why it matters
The potential public listing of these AI giants could significantly reshape global financial markets and investor expectations for the tech sector.
Illustration by The Atlantic. Sources: Getty. June 5, 2026, 11:25 AM ET Share Save Elon Musk is about to set in motion a chain of events that will reshape the global financial order. For starters, when SpaceX formally goes public next week, he is all but guaranteed to become the world’s first trillionaire. His rocket company is targeting a valuation of $1.77 trillion, which would make it one of the 10 biggest companies in the world—bigger than Meta, Walmart, and, for that matter, Tesla.
The article provides a business analysis of market trends while noting the financial risks and lack of profitability.
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