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SpaceX OpenAI and Anthropic could spark record IPO wave despite no profits yet
Business
Published on 24 April 2026
Unprofitable giants may still qualify for mass market hype
SpaceX, OpenAI and Anthropic are poised to fuel a record-breaking IPO wave in the U.S., driven by soaring private valuations, uneven but strong revenue growth, and rapid AI adoption. Yet the companies’ lack of consistent profitability could clash with investors’ long-term expectations and even complicate whether they qualify for certain index and inclusion rules.
- SpaceX OpenAI and Anthropic are seen as IPO catalysts
- High private valuations and AI adoption are drawing investors
- Profit gaps raise doubts about long-term sustainability
- Index inclusion rules may become a key hurdle
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times