**Key Facts Summary**
Elon Musk’s SpaceX went public on June 12, 2026, raising $75 billion and becoming the largest IPO in Wall Street history, surpassing Saudi Aramco’s previous record. The IPO briefly valued SpaceX at almost $3 trillion. Alongside, Anthropic and OpenAI have confidentially filed for IPOs, with estimated secondary market valuations of $965 billion and $909 billion, respectively, on June 1 and June 8.
Recent reforms have expedited index inclusion for major IPOs. Nasdaq Global Indexes and the U.S. Russell Indexes have shortened the waiting period for megacap companies to be added to their indices, allowing eligible firms entry after just 15 trading days and five trading sessions, respectively. Historically, approximately 55% of high-profile IPOs see significant declines in their first year, raising concerns about the sustainability of the current bull market during President Trump’s term, which previously saw the Dow, S&P 500, and Nasdaq rise by 57%, 70%, and 142%, respectively.
5 Stocks Our Experts Predict Could Double In the Next Year
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