My guide to the IPOs of SpaceX, OpenAI and Anthropic — including the one I really want to buy

Cnbc · May 31, 2026 · 2358 words · By Jim Cramer

IPO Speculation Market Volatility AI Company Valuations

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A couple of years ago, I hit it big at the ponies in an obscure northern track.

Claims checked 14

Techniques found 4

Topics 3

Coverage spectrum

Coverage gap: Low Left coverage

Left0%

Center67%

Right33%

3 sources compared across this story cluster. This is an eFinder estimate from indexed source coverage, not an editorial rating.

What happened

A couple of years ago, I hit it big at the ponies in an obscure northern track.

Why it matters

We took some swell pictures and we now exchange holiday greetings.

Common ground

Out of character, I received a text from him this week.

Perspective signals

The tension in the story is sharpened by Loaded Language, Appeal to Fear, Exaggeration / Hyperbole: language that can make the dispute feel more urgent, personal, or adversarial than the underlying facts alone.

Follow-up questions

What new context would change how readers understand this IPO Speculation story?
What evidence would most clearly confirm or weaken the claim that Goldman Sachs is the lead bank on the deal [SpaceX IPO]?
How does this story connect IPO Speculation with Market Volatility over the next few days?

open_in_new Read the original article: https://www.cnbc.com/2026/05/31/my-guide-to-the-ipos-of-spacex-openai-and-anthro…

psychologyPropaganda Techniques Detected

eFinder identified 4 propaganda techniques in this article. These signals explain how wording, emphasis, or missing context can shape a reader's interpretation.

warning

Loaded Language 90% confidence

Using words with strong emotional connotations to influence an audience.

Found in this article: eFinder flagged this technique because the story's framing or source language may guide readers toward a particular interpretation. Review the claim checks and evidence below to separate what is directly supported from what is implied by wording or emphasis.

Why it matters: Recognizing loaded language helps readers compare the article's framing with the underlying facts and with coverage from other sources.

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Appeal to Fear 70% confidence

Building support by instilling anxiety or panic in the audience.

Why it matters: Recognizing appeal to fear helps readers compare the article's framing with the underlying facts and with coverage from other sources.

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Exaggeration / Hyperbole 80% confidence

Overstating facts or claims to create a stronger emotional response.

Why it matters: Recognizing exaggeration / hyperbole helps readers compare the article's framing with the underlying facts and with coverage from other sources.

warning

Oversimplification 70% confidence

Reducing a complex issue to a simplistic framing that distorts understanding.

Why it matters: Recognizing oversimplification helps readers compare the article's framing with the underlying facts and with coverage from other sources.

fact_checkClaims Checked

eFinder analyzed this article and checked 14 claims against available evidence, cross-references, web search, and Wikipedia. Here is what the fact-checking layer found.

check_circle Corroborated 9

schedule Pending 4

help Insufficient Evidence 1

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Claim 1: “Goldman Sachs is the lead bank on the deal [SpaceX IPO]”

CORROBORATED

Multiple cross-references from CNBC, Deutsche Welle, and EuroNews confirm Goldman Sachs held the lead underwriter ('lead left') position for the SpaceX IPO.

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wikipedia NEUTRAL — The initial public offering (IPO) of SpaceX, an American aerospace and artificial intelligence company founded by Elon Musk in 2002, occurred on June 12, 2026. It was the largest ever IPO, at a valuat…
https://en.wikipedia.org/wiki/Initial_public_offering_of_Spa…

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wikipedia NEUTRAL — The technology company Facebook, Inc., now known as Meta Platforms, held its initial public offering (IPO) on Friday, May 18, 2012, with shares trading on Nasdaq under the ticker symbol FB. The IPO wa…
https://en.wikipedia.org/wiki/Initial_public_offering_of_Fac…

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wikipedia NEUTRAL — Circle Internet Group, Inc. is a payments technology company. Founded by Jeremy Allaire and Sean Neville in 2013, it is currently headquartered in New York City and issues two types of stablecoin: USD…
https://en.wikipedia.org/wiki/Circle_Internet_Group

+ 5 more evidence sources

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Claim 2: “The deal [Cerebras] was reportedly 20 times oversubscribed”

CORROBORATED

The claim is corroborated by a cross-reference from NY Post and multiple web search results (including Nasdaq and Reuters) stating the Cerebras IPO was 20 times oversubscribed.

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web search NEUTRAL — May 15, 2026 ... According to Reuters, the offering was reportedly oversubscribed roughly 20 times, a signal of outsized institutional appetite for AI ...
https://www.nasdaq.com/newsroom/cerebras-ipo-ushering-new-er…

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web search NEUTRAL — May 27, 2026 ... ... times more $1 billion+ companies in private markets than on public ... The Cerebras IPO was 20x oversubscribed. Twenty investors were ...
https://www.linkedin.com/posts/wdeane_privatemarkets-venture…

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web search NEUTRAL — May 13, 2026 ... Cerebras Systems is set to be the largest IPO of 2026 so far, with ... 20 times oversubscribed. The Sunnyvale company lifted its price ...
https://finance.yahoo.com/news/2026s-biggest-ipo-far-ai-1429…

+ 1 more evidence source

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Claim 3: “Cerebras briefly supported a valuation north of $100 billion when the stock touched $386.”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 4: “only SpaceX has officially released its initial public offering prospectus known as an S-1.”

CORROBORATED

Web search results from CNBC and other sources confirm that SpaceX officially filed its S-1 registration statement with the SEC in May 2026.

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web search NEUTRAL — May 15, 2026 · BREAKING: SpaceX has officially filed its S-1 registration statement with the SEC ahead of what could become the largest IPO in US history.
https://www.facebook.com/cnbc/posts/spacex-which-confidentia…

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web search NEUTRAL — May 20, 2026 · SpaceX's SEC Form S-1 IPO Prospectus has been posted [Discloses new company financial information]. Official.SpaceX S-1 Prospectus Released - RedditSpaceX IPO prospectus has been releas…
https://www.reddit.com/r/SpaceXLounge/comments/1tiyvco/space…

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web search NEUTRAL — May 21, 2026 · In a prospectus with the Securities and Exchange Commission on Wednesday, SpaceX said it plans to list under ticker symbol SPCX on the Nasdaq.
https://www.cnbc.com/2026/05/20/spacex-ipo-live-updates.html

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Claim 5: “Cerebras shares were priced at $185 , which valued the company at $56 billion on a fully diluted basis.”

CORROBORATED

Three independent web search sources confirm Cerebras priced its IPO at $185 per share, resulting in a fully diluted valuation of approximately $56 billion.

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wikipedia NEUTRAL — Cerebras Systems Inc., headquartered in Sunnyvale, California, develops semiconductors, supercomputers, and related software to power artificial intelligence deep-learning applications such as inferen…
https://en.wikipedia.org/wiki/Cerebras_Systems

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wikipedia NEUTRAL — Arm Holdings plc is a British-based semiconductor and software design company headquarted in Cambridge, England, whose primary business is the design of central processing unit (CPU) cores that implem…
https://en.wikipedia.org/wiki/Arm_Holdings

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wikipedia NEUTRAL — Andrew D. Feldman is an American technology entrepreneur best known as the co-founder and chief executive officer (CEO) of Cerebras Systems (Nasdaq: CBRS), a semiconductor and artificial intelligence …
https://en.wikipedia.org/wiki/Andrew_Feldman_(businessman)

+ 3 more evidence sources

schedule

Claim 6: “It's annual revenue run rate has crossed $47 billion, up from $10 billion in revenue last year. [Anthropic]”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 7: “Elon Musk's SpaceX is in pole position and is supposed to debut within two weeks.”

CORROBORATED

Web search results from CNBC and CNN Business confirm SpaceX was targeting an IPO in June 2026, with reports on June 11 and 12 describing the debut and the timeline.

travel_explore

web search NEUTRAL — Jun 11, 2026 ... SpaceX is targeting retail allocation of 30%, a much higher percentage than the typical IPO, which is 5% to 10% for retail investors. In this ...
https://www.cnbc.com/2026/06/09/spacex-ipo-explained-stock-p…

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web search NEUTRAL — Jun 12, 2026 ... Elon Musk's space and AI company went public Friday in a historic market debut that valued SpaceX at more than $2 trillion.
https://www.cnn.com/2026/06/12/business/live-news/spacex-goe…

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web search NEUTRAL — Jun 11, 2026 ... SpaceX, the rocket company founded by Elon Musk, will be going public and is expected to become the largest IPO in stock market history.
https://www.pbs.org/newshour/show/why-spacex-is-rocketing-to…

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Claim 8: “the stock [Cerebras] is now at $237 a share”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

help

Claim 9: “the stock [Cerebras] opened at $350”

INSUFFICIENT EVIDENCE

No evidence was found in the provided search results regarding the opening stock price of Cerebras being $350.

schedule

Claim 10: “And it's on pace to turn an operating profit this quarter, according to The Wall Street Journal . [Anthropic]”

PENDING

This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.

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Claim 11: “CNBC has reported OpenAI is working on a confidential filing”

CORROBORATED

Two separate CNBC reports from May 20, 2026, explicitly state that OpenAI is preparing a confidential IPO filing.

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wikipedia NEUTRAL — OpenAI is an American artificial intelligence (AI) research organization headquartered in San Francisco, consisting of OpenAI Group PBC, a for-profit public benefit corporation (PBC), partially contro…
https://en.wikipedia.org/wiki/OpenAI

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wikipedia NEUTRAL — Knowledge Atlas Technology Joint Stock Co., Ltd., branded internationally as Z.ai, is a Chinese technology company specializing in artificial intelligence (AI). The company was formerly known as Zhipu…
https://en.wikipedia.org/wiki/Z.ai

+ 3 more evidence sources

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Claim 12: “secured a $852 billion post-money valuation in March [OpenAI]”

CORROBORATED

Three independent web search sources (Artificial Intelligencer, Bloomberg/LinkedIn, and Neuriflux) explicitly state OpenAI closed a funding round in March 2026 at a post-money valuation of $852 billion.

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wikipedia NEUTRAL — Codex is an AI coding agent developed by OpenAI for software engineering tasks such as writing code and fixing bugs, released in April 2025 as Codex CLI. Codex is available through ChatGPT's web app, …
https://en.wikipedia.org/wiki/Codex_(AI_agent)

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wikipedia NEUTRAL — The American artificial intelligence (AI) organization OpenAI has released a variety of products and applications since its founding in 2015.
https://en.wikipedia.org/wiki/Products_and_applications_of_O…

+ 3 more evidence sources

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Claim 13: “Anthropic — a near triple from February, not easy when your prior valuation was already north of $300 billion”

CORROBORATED

Multiple web search results confirm Anthropic raised funding in February 2026 at valuations of $350 billion and $380 billion, which is 'north of $300 billion'.

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wikipedia NEUTRAL — Anthropic PBC is an American artificial intelligence (AI) company headquartered in San Francisco, California. It has developed a series of large language models (LLMs) named Claude and has a focus on …
https://en.wikipedia.org/wiki/Anthropic

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wikipedia NEUTRAL — Since January 2026, the United States Department of Defense has conflicted with the artificial intelligence company Anthropic over the use of its products for military purposes and mass domestic surve…
https://en.wikipedia.org/wiki/Anthropic–United_States_Depart…

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wikipedia NEUTRAL — Daniela Amodei (born 1987) is an American entrepreneur and the president of Anthropic, an artificial intelligence (AI) company known for its Claude series of large language models. She co-founded Anth…
https://en.wikipedia.org/wiki/Daniela_Amodei

+ 3 more evidence sources

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Claim 14: “others suggest Anthropic could come public as soon as the fourth quarter.”

CORROBORATED

Web search results mention that Anthropic executives have discussed an IPO as soon as the fourth quarter of 2026, and the Wall Street Journal reports OpenAI's fear that Anthropic might beat them to the public markets.

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web search NEUTRAL — Among the three companies racing to go public, Anthropic is the youngest and fastest growing, thanks in large part to its A.I. tools for automatically writing computer code. Last week, Anthropic said …
https://www.nytimes.com/2026/06/01/technology/anthropic-ipo.…

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web search NEUTRAL — OpenAI is preparing for an IPO in the fourth quarter of 2026, the Wall Street Journal reports.According to the report, OpenAI executives are worried internally that competitor Anthropic might beat the…
https://the-decoder.com/openai-planning-ipo-for-late-2026-fe…

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web search NEUTRAL — Going public would not just be about prestige, it would be about accessing the kind of funding base needed to keep competing. The Announcement. The latest reporting says Anthropic executives have disc…
https://www.skool.com/the-ai-advantage/ai-news-anthropic-may…

info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.