SpaceX, OpenAI, and Anthropic are set to launch major IPOs, collectively valued at over $3 trillion. SpaceX has filed its IPO prospectus, aiming for a valuation between $1.75 trillion and $2.3 trillion, with a potential listing date of June 12, 2026. Despite ongoing losses, SpaceX's Starlink business reported $11.4 billion in revenue and $4.4 billion in operating profit for 2025. The IPO includes a super-voting rights structure to maintain Elon Musk's control. OpenAI is preparing to file its IPO prospectus, targeting a valuation between $850 billion and $1.1 trillion, with a listing expected by the end of 2026. SoftBank, holding a 13% stake in OpenAI, saw its stock rise 20%, unlocking $45 billion in gains. Anthropic is also advancing its IPO plans, aiming for a Nasdaq listing in late 2026 with a valuation up to $900 billion, following strong revenue growth.