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The Great IPO Frenzy of 2026

Explore episode Jun 15, 2026
Business
OpenAI vs. Anthropic: A Race to the Market

The Great IPO Frenzy of 2026 · Jun 15, 2026 Business

It's a genuine race. Whichever of OpenAI or Anthropic goes public first sets the benchmark: a strong debut inflates enthusiasm for the other; a weak one poisons the well. First-mover advantage here isn't just bragging rights — it's billions of dollars.

Where this was said

SpaceX's Blockbuster IPO Debut

At 5:31 · chapter starts 4:07

Audio from retail investors declaring they've bought SpaceX shares and 'will never sell' sets the tone before Spencer Jakab's cool-headed assessment kicks in. His verdict: the IPO lived up to its extraordinary hype. The company was valued above $2 trillion at various points during the day, briefly ranking as the 6th or 7th most valuable company in the United States or 7th or 8th globally. Jakab assigns it an A or A+ — the stock went up, and a strong debut by SpaceX is good news for the AI-related IPOs queuing behind it. The investor excitement reflects Elon Musk's visionary pitch: AI data centers in orbit, a human colony on Mars, a company that feels like it belongs in a science-fiction novel made real.

Business
SpaceX's IPO Debut: An A+

The Great IPO Frenzy of 2026 · Jun 15, 2026 Business

SpaceX's IPO lived up to the hype. The stock traded higher, briefly valuing the company above $2 trillion and landing it among the 6th or 7th most valuable companies in the world. A strong debut bodes well for Anthropic and OpenAI's upcoming offerings.

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