On June 12, 2026, SpaceX went public on the Nasdaq. The event marks a major milestone for Elon Musk’s company. It also revealed a piece of news that has grabbed the attention of the entire tech sector: a large-scale computing deal with Anthropic, the company behind the Claude assistant.

Here’s a clear rundown of what just happened, and what this news tells us about the artificial intelligence industry.

SpaceX’s IPO: the key numbers

SpaceX now trades on the Nasdaq under the ticker SPCX. The offering targets a valuation between $1.75 trillion and $2 trillion, which would make it one of the largest in history. The company is reportedly aiming to raise between $75 billion and $80 billion. Its official IPO filing was submitted on May 20, 2026.

That said, these impressive figures shouldn’t overshadow the financial reality. SpaceX posted a net loss of $4.28 billion in the first quarter of 2026. Market enthusiasm rests mainly on growth prospects, particularly for its satellite internet service, Starlink.

Anthropic, the maker of Claude, follows suit

Anthropic, the company behind the Claude conversational assistant, has also filed for an initial public offering. Its market debut is expected around October 2026, with a targeted valuation of roughly $900 billion.

The company is growing fast. It expects to post its first operating profit, estimated at around $559 million, in the second quarter of 2026. Revenue for the quarter ending in June is projected to top $10.9 billion, a significant jump from previous quarters.

A $45 billion deal to keep Claude running

The most striking detail sits in SpaceX’s IPO documents. They reveal that Anthropic and SpaceX have struck a deal worth roughly $45 billion over three years.

Specifically, Anthropic would pay $1.25 billion per month through May 2029. In exchange, SpaceX supplies substantial computing capacity, more than 300 megawatts, from its data centers in Memphis. That power runs Claude, whose demand is surging for use cases like software development and security analysis.

The agreement also builds in some flexibility: either party can walk away with 90 days’ notice. This deal points to a broader trend: artificial intelligence has become an extremely energy and infrastructure hungry business.

A wave of tech IPOs

SpaceX and Anthropic aren’t alone. OpenAI, the maker of ChatGPT, has also kicked off its own IPO process. Three of the biggest names in tech are heading toward public markets in the same year.

Still, these massive valuations raise questions of their own. Several analysts point out that the real profitability of these companies remains unproven, and that the sums involved carry real risk for investors.

Frequently asked questions

When did SpaceX go public?

SpaceX went public on June 12, 2026, on the Nasdaq under the ticker SPCX. Its IPO filing had been submitted on May 20, 2026.

What’s the connection between SpaceX and Claude?

A roughly $45 billion deal spanning three years. SpaceX provides computing power from its data centers to run Claude, Anthropic’s assistant, in exchange for monthly payments.

Is Anthropic a profitable company?

Anthropic expects its first operating profit, estimated at around $559 million, in the second quarter of 2026, with revenue topping $10.9 billion for the quarter.

Want to know more?

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