OpenAI、Space X和Anthropic，三大“超级IPO”或齐聚今年，单笔募资额预计超过2025年200家IPO总和

Core Insights - Wall Street is anticipating a historic capital feast as the top three U.S. tech unicorns—SpaceX, OpenAI, and Anthropic—are preparing for IPOs, potentially starting this year [1] - The successful IPO of any of these companies could surpass the total fundraising of approximately 200 IPOs in the U.S. in 2025 [1] - The IPOs are expected to generate hundreds of billions in underwriting and consulting revenue for investment banks, law firms, and venture capitalists, marking a potentially record year for profits [1] Group 1: SpaceX - SpaceX is advancing a secondary market stock sale with a valuation of up to $800 billion and plans to go public within the next 12 months if there are no major market disruptions [2] - The fundraising from SpaceX alone is expected to break the record set by Saudi Aramco's $29 billion IPO in 2019, making it the largest IPO in history [2] Group 2: OpenAI and Anthropic - OpenAI, the parent company of ChatGPT, has a current valuation of $500 billion and is negotiating a new funding round with a target valuation of $750 billion or higher [3] - Anthropic has officially engaged a prominent law firm to initiate its IPO preparations and is in discussions for a new funding round with a target valuation exceeding $300 billion [3] - Both OpenAI and Anthropic have been restructuring their governance and hiring executives with IPO experience to facilitate their public offerings [3] Group 3: Other Potential IPOs - Databricks, valued at $134 billion, and Canva, valued at $42 billion, are also on the potential IPO list for this year [3] Group 4: Market Context - The IPO market in 2026 is attempting to recover from the previous year's downturn, which saw a significant drop in large tech IPOs due to external economic pressures [5][6] - In the first nine months of 2025, the total IPO fundraising in the U.S. was just over $30 billion, indicating that any successful IPO from the three giants could significantly outpace last year's figures [6] - Despite recent market uncertainties, the prevailing view is that these three companies possess the strength to navigate economic cycles and are seen as drivers of the macro economy [6]