The fastest big tech IPO in years just rewrote the playbook.
It’s because Elon is launching his Ultimate Master Plan. And needed $86 billion from the IPO to execute the plan.
Go here asap for 5 hidden stocks behind SpaceX transformation.
SpaceX (Nasdaq: SPCX) went from a confidential SEC filing to a public listing in 74 days. That's faster than CoreWeave, Figma, Airbnb, and nearly every major tech IPO of the last decade.
For two other companies, that number matters a lot right now.
Anthropic confidentially filed its draft S-1 with the SEC on June 1. OpenAI followed a week later, confirming its own confidential filing on June 8. Both are now racing toward the public markets — and SpaceX just showed them how fast the trip can be.
Are these secret SpaceX partners better than SPCX stock? Simply go here to find out.
Here's how SpaceX moved so quickly.
The IPO process has two main legs.
The first leg is the stretch between the confidential filing and the public reveal, where the SEC and the company trade rounds of edits on disclosures. SpaceX cleared that in 51 days. Big tech names like Snowflake and Snap took 70 to 95 days.
The second leg runs from the public prospectus to the listing itself — a waiting period plus a week or so of investor roadshow meetings. SpaceX got through that in 23 days, the fastest among large tech IPOs in recent memory.
Lawyers say the speed reflects a more hands-off SEC under the current administration. The SEC wants big-name companies listed and isn't drilling as deep on disclosures. Additionally, heavy investor demand allowed for a faster roadshow process.
So, what does that mean for Anthropic and OpenAI?
If the SEC moves at the same pace, both could make their prospectuses public by mid to late July. It usually takes about three weeks after a public prospectus for the IPO to actually start trading.
That points to a possible mid-August window for both companies — though they'd likely push back to September to avoid the vacation lull.
There's a reason speed matters for deals this size. When investors have billions sitting in cash ready to deploy, you want to close while they're ready. The longer the process drags on, the more time skeptics have to pick apart the story.
As for SpaceX itself: shares priced at $135, opened around $161, and now trade near $156 — up roughly 16% from the IPO price. The company briefly pushed past a $2 trillion market cap.
The takeaway is simple. The AI IPO race now has a real clock on it, and SpaceX set the pace.
Elon Musk is quietly preparing to unveil his Ultimate Master Plan for SpaceX. It’s the #1 reason that he took the company public – raising $86 billion in equity.
5 hidden partners are critical to Elon’s new plan.
Go here for urgent details – before the news gets out.
Ian Wyatt
Editor, IPO Watch