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SpaceX raised $75 billion in its IPO on June 12, surpassing Saudi Aramco as the largest offering in history. The listed entity includes xAI and X, transforming SPCX into an asset of AI, orbital infrastructure, and media simultaneously.
Q2 FY26 revenue rises 13% to $6.62 billion, Firefly reaches 90 million members, and Adobe records AI ARR for the first time as an auditable line of $500 million, three times the level from a year ago.
Quarterly revenue of $19.2 billion and Oracle Cloud Infrastructure growing 93% in Q4 place the company at the forefront of growth among hyperscalers. RPO increased by $85 billion in three months.
OpenAI confirmed on Monday that it has filed a confidential S-1 with the SEC aiming for a valuation between $730 billion and $850 billion, just weeks after Anthropic did the same at $965 billion.
Revenue of $850.5 million and ARR of $3.525 billion surpassed estimates, but the company brought forward equipment purchases to lock in prices, signalling pressure that will affect the entire SaaS category.
The roadshow started on June 4 with a fixed price of US$ 135 per share, aiming to raise US$ 75 billion. According to Morningstar, the fair valuation is 55% below the asking price. Debut on June 12 as SPCX.
The US$ 75 billion offering surpasses the US$ 29.4 billion raised by Saudi Aramco in 2019. The roadshow begins on June 4, with a Nasdaq debut scheduled for June 12 under the ticker SPCX.
The creator of Claude also involved JPMorgan in the syndicate and aims for an offering of up to US$ 60 billion in October, following an annualised revenue surge from approximately US$ 9 billion at the end of 2025 to US$ 47 billion.
Honeywell-backed Quantinuum increased the range to US$ 53 to US$ 55 and expanded the offering to 26.5 million shares. Pricing is scheduled for the evening of June 3 with QNT debuting on Nasdaq on Thursday.
The maker of Claude submitted a draft S-1 less than a week after a $65 billion Series H led by Altimeter and Sequoia. The annualised run rate surged to $47 billion.
In its largest European bet, Masayoshi Son's group allocates up to €45 billion in the first phase of a 5 GW network in Hauts-de-France, with EDF providing the Bouchain thermal site and Schneider Electric anchoring Dunkirk.
The Series H valued Anthropic at $965 billion and positioned Claude's company ahead of OpenAI for the first time. Annualised revenue crossed $47 billion this month.