After months of speculation about whether OpenAI or Anthropic would be first in their race to IPO, Anthropic on Monday reached a key milestone: filing to kick off the process with the U.S. Securities and Exchange Commission. The filing sets the stage for what’s sure to be a massive IPO. …
… The IPO could also be a boon for large shareholders such as Amazon and investors that made some of the first bets on the company, including Skype cofounder Jaan Tallinn. If all goes well, Anthropic’s IPO could rival that of SpaceX as the largest ever. …
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… …
… Any scandalous information about OpenAI’s C-suite could derail the IPO. Musk is also potentially vulnerable to mud-slinging. Musk’s SpaceX has filed confidentially for an IPO, which may happen as soon as June. …
… Given that spending spree and Grok’s lagging position in the AI race, the expected SpaceX IPO would provide a critical cash infusion to the company. It remains to be seen whether enough investors embrace SpaceX’s vision for the future to see it through. …
… The company has been exploring an IPO and hired the law firm Wilson Sonsini last year to explore a flotation. …
… If and when the mandatory paperwork associated with an IPO filing is made public, we’ll get a sense of exactly how challenging the environment is for OpenAI — but it seems that OpenAI doesn’t have an easy road to do everything it’s trying to do and still stay solvent. …
… It feels like the pressure around the bubble — the race to win, to pay off all this investment, to emerge as the winner, to IPO — has changed a lot of attitudes. …
… Anthropic, which primarily builds for enterprise clients, has been going all in on its coding efforts, and OpenAI has recently pledged to mirror Anthropic’s focus on coding and enterprise, ahead of both companies reportedly racing each other to IPO by the end of 2026. …
… I’m curious because that’s the other arms race. …