Anthropic Inks Massive SpaceX Compute Deal Ahead of $2 Trillion IPO by Tim Sweezy — Thursday, May 21, 2026, 11:32 AM EDT The AI race continues to heat up, as NVIDIA announces its $81.6 billion revenue report for the first quarter of its fiscal 2027 period, and OpenAI expected to file for its own IP… …
… SpaceX has been busy with M&A, acquiring Musk’s AI company xAI last year, and recently entering into a deal with Cursor that includes an option to buy the startup for $60 billion in stock following the IPO. …
… It’s the second energy stock offering to receive a warm welcome in the last few weeks, with nuclear startup X-energy raising $1 billion in its own upsized IPO. …
… There is an undeniable amount of hype around AI, with SpaceX about to go public, OpenAI and Anthropic rumored to be considering IPOs, and billions of dollars being raised to build data centers. …
… The timing of OpenAI's public offering marks a sprint to tap into public capital and set Wall Street's valuation rules for the entire AI sector. A major bottleneck in the AI race is compute power -- physical servers, chips, and data centers required to train and power AI models and systems.
… As it is listed as another “future market,” there is little detail about how SpaceX plans to tackle this idea. Total control Make no mistake, this is Elon Musk’s company. Per the filing, Musk will be the CEO, CTO, and chairman of the SpaceX board after the IPO. …
… Capital spending rose to $20.7 billion, focusing on AI and infrastructure. The IPO combines SpaceX's launch, Starlink, xAI, and Mars projects, aiming for long-term profitability. …
… The companies are also reportedly in talks to try to build orbital data centers — a major component of SpaceX’s future plans post-IPO. Topics AI , AI compute , Alphabet , Google , SpaceX When you purchase through links in our articles, we may earn a small commission . …
… Emissions from gas turbines at the data center have prompted numerous complaints from local residents. Last month, environmental protesters demonstrated at a nearby SpaceX investor gathering ahead of the IPO. …
… Quantum Systems , a Germany-based drone startup backed by Peter Thiel, is in talks to raise around €600 million $703 million with companies like Airbus and Blackstone as investors, Bloomberg reported . Is Redwood Materials ready for an IPO? …
