SpaceX has reclaimed its position as the frontrunner for the largest IPO of 2026 according to Polymarket betting markets. A Reuters report published on October 15 revealed that investors are scaling back Anthropic’s valuation expectations, bringing them down from approximately $2 trillion to around $1.5 trillion. The AI company reported third-quarter revenue of $16.8 billion, up 45% from $11.6 billion in the previous quarter. SpaceX, which completed its own IPO in June 2026 at a valuation between $1.77 trillion and $1.8 trillion and raised approximately $75 billion, remains ahead of the curve. Anthropic’s roadshow is expected to begin the week of November 9.
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