My guide to the IPOs of SpaceX, OpenAI and Anthropic The potential IPOs of SpaceX, OpenAI, and Anthropic are expected to define the market in 2026 and 2027, with SpaceX leading the charge. Navigating these deals involves understanding the chaotic pricing, speculative opening trading, and potential index inclusions, which could lead to significant volatility and potential losses for unprepared investors. While SpaceX and OpenAI are money-losing ventures, Anthropic shows promise as a profitable and rapidly growing business, offering a more stable investment opportunity despite the overall market uncertainty.

• SpaceX, OpenAI, and Anthropic are anticipated to have major IPOs in 2026-2027, with SpaceX expected to debut soon.
• The IPO process for these companies is described as chaotic, with potential for significant volatility, speculative trading, and investor losses, especially for those using market orders.
• SpaceX is aiming for a high valuation, but its money-losing status and erratic leadership present risks, while OpenAI also faces financial challenges and leadership uncertainty.
• Anthropic is presented as a potentially more stable investment due to its profitability and rapid growth, though access to shares may be limited.
• Investors are advised to use limit orders and avoid market orders to mitigate risks, with opportunities potentially arising after initial trading and index inclusions, or during market drawdowns caused by index rebalancing.