Story perspectives

SpaceX and OpenAI Eye 2026 IPOs, $1 Trillion Valuation

12/22/2025

Summary

Story summary

SpaceX plans to launch an IPO in 2026, potentially raising over $30 billion.
OpenAI may follow with an IPO and a $1 trillion valuation in 2026.
OpenAI remains privately held, restricting stock access for average investors.
Special-purpose vehicles (SPVs) and crowdfunding exist, but they carry high fees and complexities.
Microsoft and Nvidia, which hold stakes in OpenAI, offer alternative investment routes until OpenAI's IPO, when investors may gain indirect exposure.

History

Historical Context

The dot-com bubble of 1999 saw tech companies like Amazon and eBay go public, raising billions and reshaping investment landscapes. Amazon's IPO raised $54 million, paving the way for future tech giants. Today, SpaceX's planned IPO could raise over $30 billion, reflecting ongoing trends in tech investment and the complexities of accessing high-value opportunities for average investors.

1 of 2

Story summary

SpaceX plans to launch an IPO in 2026, potentially raising over $30 billion.
OpenAI may follow with an IPO and a $1 trillion valuation in 2026.
OpenAI remains privately held, restricting stock access for average investors.
Special-purpose vehicles (SPVs) and crowdfunding exist, but they carry high fees and complexities.
Microsoft and Nvidia, which hold stakes in OpenAI, offer alternative investment routes until OpenAI's IPO, when investors may gain indirect exposure.

1 / 2