Will SpaceX, OpenAI and Anthropic make 2026 the year of mega tech listings?

Fresh from his online mauling at the hands of Ryanair’s Michael O’Leary, the world’s richest man can take some consolation. Elon Musk’s SpaceX is reportedly “lining up” four Wall Street banks to advise on “a record-breaking IPO”, and it could make the rocket group – already the world’s most valuable startup – the biggest flotation in history, valued as highly as $1.5 trillion, said the FT.

No final decision has been taken, but the float may come as soon as this year. SpaceX’s soaring valuation...