SpaceX's $75 billion and Anthropic's $60 billion listings: what's important about IPOs by March 29

Elon Musk's private space company SpaceX has increased its IPO target by one and a half times. Anthropic, the developer of chatbot Claude, wants to go public in October and expects to raise more than $60 billion. South Korean SK Hynix decided to hold a secondary listing in the U.S. for up to $14 billion, and Samsung investors urged the company to follow the example of its competitor. The main events on the IPO market during the week are in our selection.

- The management of SpaceX, headed by Elon Musk, has increased its IPO fundraising target by one and a half times, the Financial Times reported, citing sources. According to them, at a private meeting with investors this week, top managers announced plans to raise about $75 billion. Musk now expects to valuation of the business at $ 1.75 trillion. At the same time, they are discussing the allocation of up to 30% of outstanding shares to retail investors - this is three times higher than the standard quota, according to the sources Reuters. SpaceX is now deciding whether to allow early investors to sell securities on the first day of trading or gradually over several months. The company is expected to file for an IPO in the coming days to be on the stock exchange in time for Musk's birthday and a parade of planets.

- AI startup Anthropic is rushing to launch an IPO as early as October in a race with its main competitor, OpenAI, Bloomberg sources claim. According to them, Goldman Sachs, JPMorgan and Morgan Stanley may become the organizers of the placement of both companies. According to The Information, Anthropic expects to raise more than $60 billion during the listing. In February, neural network developer Claude closed a $30 billion investment round at a business valuation of $380 billion. This week, the startup sought through the courts to overturn the Pentagon's ban on the use of its technology. Earlier, the military considered Anthropic's technology a threat to the United States, which threatened to cost the company billions of dollars in lost profits.

- Spanish plasma drug maker Grifols plans to raise up to $5 bln in an IPO of its US unit, Bloomberg reported citing a source. According to him, the corporation intends to offer a stake of up to 20% of this business with a listing on Nasdaq in the second half of 2026. Grifols is seeking a valuation of $27 billion for the subsidiary. This is four times the capitalization of the parent company. Grifols this week confirmed plans for a minority stake offering without specifying amounts. Its shares have since soared 9.5% in a day in Madrid, a rise they haven't seen since July 2025.

- Canadian oil company and bitcoin miner New West Data is exploring an IPO in the U.S. to finance the purchase of new fields. The company could raise several hundred million dollars through a listing, a source told Bloomberg. The company uses associated gas from its own oil wells to generate the electricity that powers bitcoin mining. New West now produces about 1,000 barrels of oil equivalent per day, and generates 15 megawatts of electricity. Oil sales and crypto mining generate equal shares of revenue for the firm. In the future, New West's management expects to generate the bulk of its revenue from providing computing services.

- Oil and gas equipment maker HMH Holding is targeting a valuation of up to $948 million in a U.S. IPO. The company expects to raise $231 million by selling 10.5 million shares at a price range of $19 to $22 per paper. HMH was created in 2021 when Baker Hughes and Akastor merged their drilling equipment businesses.

- British insurance company First Central has chosen Deutsche Bank and UBS Group as organizers of its possible IPO in London, Bloomberg has learned. The listing could give the company a valuation of 1 billion pounds ($1.3 billion), its sources said.

- South Korea's SK Hynix has confidentially applied for a secondary listing in the US. According to Reuters, the maker of memory chips for Nvidia plans to sell 2-3% of its shares in an SPO in New York in the second half of 2026 to build new factories. The deal could raise as much as $14.4 billion and would be the largest offering in New York in five years. Minority shareholders urged SK Hynix not to pursue an additional share issue that would dilute their stakes. Instead, they suggested that the company's management buy 10-15% of shares from the market and use them for the U.S. SPO.

- Investment fund Artisan Partners has urged the management of the world's largest memory chip maker Samsung to follow the example of SK Hynix and place depositary receipts (ADR) in the United States. Currently, Samsung's global receipts are traded only in London. Artisan has owned Samsung securities for more than a decade and is one of its top ten investors. The fund's managing director David Samra told Bloomberg that listing on the U.S. exchange will increase the capitalization of the South Korean giant. Artisan believes that Samsung's management has been studying the pros and cons of such a move for years.

- In Japan this year, five companies have already fallen on the first day of trading after listing, the highest number since March 2020, Bloomberg reported. Investors' appetite for risk has declined due to the U.S. war with Iran and the global energy crisis.

This article was AI-translated and verified by a human editor