#ipo Tech News.

Anthropic has confidentially filed to go public with the SEC, potentially beating OpenAI to a $1 trillion IPO. The company's $965 billion valuation eclipses OpenAI's $852 billion valuation. Anthropic plans to raise more money at a higher valuation, taking advantage of strong market conditions for AI companies. The company's valuation may offer investors a more realistic option compared to SpaceX and OpenAI.

SpaceX's IPO now allows retail investors to buy shares directly, bypassing traditional bank syndicates. This change gives more people access to the offering. Retail buyers can purchase shares before the stock starts trading, potentially at a lower price. The shift aims to make the IPO process more inclusive.

Cramer warns stocks face pressure from rising interest rates, elevated oil prices, and a flood of new stock offerings. The S&P 500, Nasdaq, and Dow Jones closed lower after a stronger-than-expected jobs report pushed Treasury yields higher. Cramer highlights SpaceX's anticipated IPO and AI sector capital raises as key market pressures. He notes Apple's AI strategy shift, Campbell's weak growth, Vail's consumer spending concerns, and Chewy's morning report as key earnings events.

Twelve companies join the Fortune 500 for the first time in 2026. Each must earn at least $7.5 billion in revenue. Galaxy Digital enters at No. 76 after its 2025 direct listing. Bitgo, based in Palo Alto, offers institutional crypto services like wallet management and staking. The company completed its IPO in 2026 and serves clients in over 100 countries.

SpaceX's $135 IPO creates allocation scarcity due to high demand. At $175, SPCX equity value reaches $2.3T and 122x 2025 revenue despite uneven GAAP profitability. Starship and COLOSSUS expand upside but require price, cash flow, and execution convergence. The stock market rates SpaceX as Hold.

Alzai Health Corp. has met all final listing requirements of the TSX Venture Exchange. The company will list on the exchange after an initial public offering of 8-10 million units at $0.40 per unit, raising $3.2-4 million. The listing assumes the closing of the offering, which includes a warrant to purchase additional shares at $0.60 until June 9, 2028. The company has granted Haywood Securities an option to sell up to 15% more units.

S&P Dow Jones Indices refused on June 4 to bend entry rules for SpaceX, blocking the company from accelerated access to billions in passive investment funds. The decision also shuts the door for AI firms like OpenAI and Anthropic to gain fast entry after their IPOs. The index held a monthlong consultation on waiving seasoning and share availability requirements for MegaCap companies but declined to make exceptions.