SpaceX vs. Anthropic: Which Is the Better IPO to Own?
Anthropic is aiming to take the title of largest IPO ever from SpaceX.
Overview
The market is set to see two of the largest IPOs ever in 2026. Space Exploration Technologies (NASDAQ: SPCX) debuted in early June with a nearly $1.8 trillion market cap and raised over $85 billion in capital. Anthropic, meanwhile, plans to IPO this fall, looking to raise $100 billion at a $2 trillion market cap.
But which of their stocks will be the better one to own?
Details
SpaceX has been on a wild ride since its IPO, and the stock now sits about 5% above its $135 initial public offering price and about 4% below its first day opening price of $150. The stock is largely a bet on Elon Musk and the future, given the company's ambitious goals. At the time of its IPO, management pegged its total addressable market at a whopping $28.5 trillion, and Musk claimed the company would become worth more than Earth itself.
Source
Originally published at www.fool.com.