SpaceX, OpenAI and Anthropic could be 3 of the biggest venture-backed IPOs of all time

The age of the mega-IPO is upon us and, for venture capital, it could create as many problems as it solves.

As rumors swirl that SpaceX, OpenAI, and Anthropic may hit the public markets in 2026, this trio would mark the three biggest venture-backed IPOs of all time. PitchBook, in a note published this week, estimated that this could “conceivably create more value than all VC-backed IPOs since 2000 have collectively.”

Consider the numbers: U.S. venture-backed IPOs raised $62.1 billion in 2021...